10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

S QUARTERLY REPORT PURSUANT TO SECTION 13 OR

15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2013

OR

£ TRANSITION REPORT PURSUANT TO SECTION 13 OR

15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number 1-13006

Park National Corporation

(Exact name of registrant as specified in its charter)

Ohio	31-1179518
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

50 North Third Street, Newark, Ohio 43055

(Address of principal executive offices) (Zip Code)

(740) 349-8451

(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

 Yes   ý   No   ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes   ý   No   ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	ý	Accelerated filer	¨
Non-accelerated filer	¨	Smaller reporting company	¨
(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

 Yes   ¨   No   ý

15,411,973 Common shares, no par value per share, outstanding at August 1, 2013.

PARK NATIONAL CORPORATION

CONTENTS

	Page
PART I.   FINANCIAL INFORMATION
Item 1.  Financial Statements
Consolidated Condensed Balance Sheets as of June 30, 2013 (unaudited) and December 31, 2012	3
Consolidated Condensed Statements of Income for the three and six months ended June 30, 2013 and 2012 (unaudited)	4
Consolidated Condensed Statements of Comprehensive Income (Loss) for the three and six months ended June 30, 2013 and 2012 (unaudited)	6
Consolidated Condensed Statements of Changes in Stockholders’ Equity for the six months ended June 30, 2013 and 2012 (unaudited)	7
Consolidated Condensed Statements of Cash Flows for the six months ended June 30, 2013 and 2012 (unaudited)	8
Notes to Unaudited Consolidated Condensed Financial Statements	10
Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations	42
Item 3.  Quantitative and Qualitative Disclosures About Market Risk	65
Item 4.  Controls and Procedures	65
PART II.  OTHER INFORMATION	66
Item 1.  Legal Proceedings	66
Item 1A. Risk Factors	66
Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds	67
Item 3.  Defaults Upon Senior Securities	67
Item 4.  Mine Safety Disclosures	68
Item 5.  Other Information	68
Item 6.  Exhibits	68
SIGNATURES	70

2

PARK NATIONAL CORPORATION AND SUBSIDARIES

Consolidated Condensed Balance Sheets (Unaudited)

(in thousands, except share and per share data)                    

	June 30, 2013			December 31, 2012
Assets:
Cash and due from banks	$	117,910		$	164,120
Money market instruments	236,016			37,185
Cash and cash equivalents	353,926			201,305
Investment securities:
Securities available-for-sale, at fair value (amortized cost of $1,067,835 and $1,099,658 at June 30, 2013 and December 31, 2012)	1,047,375			1,114,454
Securities held-to-maturity, at amortized cost (fair value of $238,519 and $410,705 at June 30, 2013 and December 31, 2012)	231,787			401,390
Other investment securities	65,907			65,907
Total investment securities	1,345,069			1,581,751
Loans	4,510,716			4,450,322
Allowance for loan losses	(55,111		)	(55,537		)
Net loans	4,455,605			4,394,785
Bank owned life insurance	167,740			161,069
Goodwill and other intangible assets	72,446			72,671
Bank premises and equipment, net	56,822			53,751
Other real estate owned	35,662			35,718
Accrued interest receivable	18,840			19,710
Mortgage loan servicing rights	8,260			7,763
Other	126,103			114,280
Total assets	$	6,640,473		$	6,642,803
Liabilities and Stockholders' Equity:
Deposits:
Noninterest bearing	$	1,095,454		$	1,137,290
Interest bearing	3,755,860			3,578,742
Total deposits	4,851,314			4,716,032
Short-term borrowings	223,489			344,168
Long-term debt	783,136			781,658
Subordinated debentures and notes	80,250			80,250
Accrued interest payable	3,232			3,459
Other	59,833			66,870
Total liabilities	$	6,001,254		$	5,992,437
COMMITMENTS AND CONTINGENCIES
Stockholders' equity:
Common stock (No par value; 20,000,000 shares authorized; 16,150,966 shares issued at June 30, 2013 and 16,150,987 shares issued at December 31, 2012)	$	302,653		$	302,654
Retained earnings	453,375			441,605
Treasury stock (738,989 shares at June 30, 2013 and at December 31, 2012)	(76,375		)	(76,375		)
Accumulated other comprehensive loss, net of taxes	(40,434		)	(17,518		)
Total stockholders' equity	639,219			650,366
Total liabilities and stockholders’ equity	$	6,640,473		$	6,642,803

SEE ACCOMPANYING NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

3

PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Income (Unaudited)

(in thousands, except share and per share data)

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Interest and dividend income:
Interest and fees on loans	$	56,388		$	57,593		$	112,163		$	118,698
Interest and dividends on:
Obligations of U.S. Government, its agencies and other securities	8,673			13,794			18,915			27,378
Obligations of states and political subdivisions	16			42			33			88
Other interest income	202			57			360			160
Total interest and dividend income	65,279			71,486			131,471			146,324
Interest expense:
Interest on deposits:
Demand and savings deposits	468			602			969			1,356
Time deposits	2,900			4,121			5,990			8,760
Interest on borrowings:
Short-term borrowings	134			163			278			338
Long-term debt	7,065			7,920			14,069			15,462
Total interest expense	10,567			12,806			21,306			25,916
Net interest income	54,712			58,680			110,165			120,408
Provision for loan losses	673			5,238			1,002			13,576
Net interest income after provision for loan losses	54,039			53,442			109,163			106,832
Other income:
Income from fiduciary activities	4,328			4,044			8,404			7,872
Service charges on deposit accounts	4,070			4,154			7,892			8,225
Other service income	3,352			3,417			7,337			6,151
Checkcard fee income	3,316			3,180			6,299			6,352
Bank owned life insurance income	1,254			1,184			2,456			2,386
ATM fees	677			536			1,304			1,144
OREO valuation adjustments	(600		)	(2,648		)	(199		)	(4,007		)
Gain on sale of OREO, net	1,633			2,203			1,857			3,248
Gain on sale of the Vision Bank business	—			—			—			22,167
Miscellaneous	1,268			1,438			2,753			3,590
Total other income	19,298			17,508			38,103			57,128

4

PARK NATIONAL CORPORATION

Consolidated Condensed Statements of Income (Unaudited) (Continued)

(in thousands, except share and per share data)

	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Other expense:
Salaries and employee benefits	$	24,679	$	22,813	$	49,312	$	47,636
Occupancy expense	2,444		2,249		5,041		4,919
Furniture and equipment expense	2,981		2,727		5,588		5,348
Data processing fees	1,049		899		2,068		2,099
Professional fees and services	5,880		5,800		11,744		11,381
Amortization of intangibles	113		140		225		1,894
Marketing	953		705		1,801		1,548
Insurance	1,338		1,400		2,640		2,890
Communication	1,453		1,494		3,033		3,031
State taxes	928		933		1,856		1,922
Loan put provision	—		2,701		—		3,363
OREO expense	969		1,106		1,481		1,829
Miscellaneous	3,783		2,837		7,879		6,414
Total other expense	46,570		45,804		92,668		94,274
Income before income taxes	26,767		25,146		54,598		69,686
Federal income taxes	6,733		6,260		13,854		19,325
Net income	20,034		18,886		40,744		50,361
Preferred share dividends and accretion	—		1,948		—		3,425
Net income available to common shareholders	$	20,034	$	16,938	$	40,744	$	46,936
Earnings per Common Share:
Net income available to common shareholders
Basic	$	1.30	$	1.10	$	2.64	$	3.05
Diluted	$	1.30	$	1.10	$	2.64	$	3.05
Weighted average common shares outstanding
Basic	15,411,981		15,405,902		15,411,986		15,405,906
Diluted	15,411,981		15,405,902		15,411,986		15,409,690
Cash dividends declared	$	0.94	$	0.94	$	1.88	$	1.88

SEE ACCOMPANYING NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

5

PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Comprehensive Income (Loss) (Unaudited)

(in thousands, except share and per share data)

	Three Months Ended June 30,					Six Months Ended June 30,
	2013			2012		2013			2012
Net income	$	20,034		$	18,886	$	40,744		$	50,361
Other comprehensive income (loss), net of tax:
Change in funded status of pension plan, net of income taxes of $222 for the six months ended June 30, 2012	—			—		—			412
Unrealized net holding gain on cash flow hedge, net of income taxes of $79 for the three months ended June 30, 2012 and $139 for the six months ended June 30, 2012	—			146		—			259
Unrealized net holding (loss) gain on securities available-for-sale, net of income tax (benefit) of $(11,058) and $1,511 for the three months ended June 30, 2013 and 2012, and $(12,340) and $326 for the six months ended June 30, 2013 and 2012, respectively	(20,537		)	2,806		(22,916		)	604
Other comprehensive income (loss)	$	(20,537	)	$	2,952	$	(22,916	)	$	1,275
Comprehensive income (loss)	$	(503	)	$	21,838	$	17,828		$	51,636

SEE ACCOMPANYING NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

6

PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Changes in Stockholders' Equity (Unaudited)

(in thousands, except per share data)

	Preferred Shares			Common Shares			Retained Earnings			Treasury Shares			Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2011	$	98,146		$	305,499		$	424,557		$	(77,007	)	$	(8,831	)
Net Income							50,361
Other comprehensive income (loss), net of tax:
Change in funded status of pension plan, net of income taxes of $222													412
Unrealized net holding gain on cash flow hedge, net of income taxes of $139													259
Unrealized net holding gain on securities available-for-sale, net of income tax benefit of $326													604
Cash dividends on common stock at $1.88 per share							(28,962		)
Cash payment for fractional shares in dividend reinvestment plan				(1		)
Common stock warrant repurchased				(2,843		)
Preferred stock repurchased	(100,000		)
Accretion of discount on preferred stock	1,854						(1,854		)
Preferred stock dividends							(1,571		)
Balance at June 30, 2012	$	—		$	302,655		$	442,531		$	(77,007	)	$	(7,556	)
Balance at December 31, 2012	$	—		$	302,654		$	441,605		$	(76,375	)	$	(17,518	)
Net Income							40,744
Other comprehensive (loss), net of tax:
Unrealized net holding loss on securities available-for-sale, net of income tax benefit of $(12,340)													(22,916		)
Cash dividends on common stock at $1.88 per share							(28,974		)
Cash payment for fractional shares in dividend reinvestment plan				(1		)
Balance at June 30, 2013	$	—		$	302,653		$	453,375		$	(76,375	)	$	(40,434	)

SEE ACCOMPANYING NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

7

PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Cash Flows (Unaudited)

(in thousands)

	Six Months Ended June 30,
	2013			2012
Operating activities:
Net income	$	40,744		$	50,361
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,002			13,576
Loan put provision	—			3,363
Other than temporary impairment on investment securities	—			54
Amortization of loan fees and costs, net	1,613			595
Provision for depreciation	3,550			3,459
Amortization of core deposit intangibles	225			1,894
Amortization/(accretion) of investment securities, net	21			(227		)
Amortization of prepayment penalty on long-term debt	2,410			—
Loan originations to be sold in secondary market	(231,023		)	(164,172		)
Proceeds from sale of loans in secondary market	243,628			159,352
Gain on sale of loans in secondary market	2,931			2,259
OREO valuation adjustments	199			4,007
Bank owned life insurance income	(2,456		)	(2,386		)
Changes in assets and liabilities:
Increase in other assets	(5,154		)	(22,588		)
Decrease in other liabilities	(7,264		)	(566		)
Net cash provided by operating activities	$	50,426		$	48,981
Investing activities:
Proceeds from sales of Federal Home Loan Bank stock	—			1,319
Proceeds from calls and maturity of:
Available-for-sale securities	338,306			464,653
Held-to-maturity securities	169,603			303,595
Purchases of:
Available-for-sale securities	(306,503		)	(509,998		)
Held-to-maturity securities	—			(238,593		)
Net loan originations, portfolio loans	(72,687		)	(85,808		)
Sale of assets/liabilities related to Vision Bank	—			(144,436		)
Purchases of bank owned life insurance, net	(4,600		)	(2,500		)
Purchases of premises and equipment, net	(6,621		)	(1,979		)
Net cash provided by (used in) investing activities	$	117,498		$	(213,747	)
Financing activities:
Net increase in deposits	$	135,282		$	357,861
Net decrease in short-term borrowings	(120,679		)	(22,992		)

8

Repayment of long-term debt	(25,932		)	(15,500		)
Proceeds from issuance of long-term debt	25,000			30,000
Cash payment for repurchase of common share warrant from U.S. Treasury	—			(2,843		)
Repurchase of preferred shares from U.S. Treasury	—			(100,000		)
Cash dividends paid on common shares and preferred shares	(28,974		)	(31,184		)
Net cash (used in) provided by financing activities	$	(15,303	)	$	215,342
Increase in cash and cash equivalents	152,621			50,576
Cash and cash equivalents at beginning of year	201,305			157,486
Cash and cash equivalents at end of period	$	353,926		$	208,062
Supplemental disclosures of cash flow information:
Cash paid for:
Interest	$	21,533		$	26,172
Income taxes	$	4,500		$	1,000
Transfers to OREO	$	12,622		$	12,552

SEE ACCOMPANYING NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

9

PARK NATIONAL CORPORATION

NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

Note 1 – Basis of Presentation

The accompanying unaudited consolidated condensed financial statements included in this report have been prepared for Park National Corporation (sometimes also referred to as the “Registrant”) and its subsidiaries. Unless the context otherwise requires, references to "Park", the "Corporation" or the "Company" and similar terms mean Park National Corporation and its subsidiaries. In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the results of operations for the interim periods included herein have been made. The results of operations for the three-month and six-month periods ended June 30, 2013 are not necessarily indicative of the operating results to be anticipated for the fiscal year ending December 31, 2013.

The accompanying unaudited consolidated condensed financial statements have been prepared in accordance with the instructions for Form 10-Q and, therefore, do not include all information and footnotes necessary for a fair presentation of the condensed balance sheets, condensed statements of income, condensed statements of comprehensive income, condensed statements of changes in stockholders’ equity and condensed statements of cash flows in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). These financial statements should be read in conjunction with the consolidated financial statements incorporated by reference in the Annual Report on Form 10-K of Park for the fiscal year ended December 31, 2012 from Park’s 2012 Annual Report to Shareholders (“2012 Annual Report”).

Park’s significant accounting policies are described in Note 1 of the Notes to Consolidated Financial Statements included in Park’s 2012 Annual Report. For interim reporting purposes, Park follows the same basic accounting policies, as updated by the information contained in this report, and considers each interim period an integral part of an annual period. Management has evaluated events occurring subsequent to the balance sheet date, determining no events require additional disclosure in these consolidated condensed financial statements.

Note 2 – Recent Accounting Pronouncements

Adoption of New Accounting Pronouncements:

No. 2012-02 Testing Indefinite-Lived Intangible Assets for Impairment: In July 2012, FASB issued Accounting Standards Update 2012-02, Testing Indefinite-Lived Intangible Assets for Impairment (ASU 2012-02). The ASU allows an entity to first assess qualitative factors to determine whether the existence of events or circumstances indicate that it is more likely than not that the indefinite-lived intangible asset is impaired. The new guidance is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. The adoption of this guidance did not have an impact on the consolidated financial statements.

No. 2013-02 Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income: In February 2013, FASB issued Accounting Standards Update 2013-02,Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (ASU 2013-02). The ASU requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about these amounts. The new guidance is effective prospectively for reporting periods beginning after December 15, 2012. The adoption of the new guidance on January 1, 2013 impacted the other comprehensive income (loss) disclosures in Note 17.

10

Note 3 – Sale of Vision Bank Business

On February 16, 2012, Park and its wholly-owned subsidiary, Vision Bank (“Vision”), a Florida state-chartered bank, completed their sale of substantially all of the performing loans, operating assets and liabilities associated with Vision to Centennial Bank (“Centennial”), an Arkansas state-chartered bank which is a wholly-owned subsidiary of Home BancShares, Inc. (“Home”), an Arkansas corporation, as contemplated by the previously announced Purchase and Assumption Agreement by and between Park, Vision, Home and Centennial, dated as of November 16, 2011, as amended by the First Amendment to Purchase and Assumption Agreement, dated as of January 25, 2012, and the Second Amendment to Purchase and Assumption Agreement, dated as of April 30, 2012 (collectively, the “Vision Agreement”) for a purchase price of $27.9 million.

Subsequent to the transactions contemplated by the Vision Agreement, Vision was left with approximately $22 million of performing loans (including mortgage loans held for sale) and non-performing loans with a fair value of $88 million. Park recorded a pre-tax gain, net of expenses directly related to the sale, of approximately $22.2 million, resulting from the transactions contemplated by the Vision Agreement. The pre-tax gain, net of expense is summarized in the table below:

(in thousands)
Premium paid	$	27,913
One-time gains	298
Loss on sale of fixed assets	(2,434		)
Employment and severance agreements	(1,610		)
Other one-time charges, including estimates	(2,000		)
Pre-tax gain	$	22,167

Promptly following the closing of the transactions contemplated by the Vision Agreement, Vision surrendered its Florida banking charter to the Florida Office of Financial Regulation and became a non-bank Florida corporation (the “Florida Corporation”). The Florida Corporation merged with and into a wholly-owned, non-bank subsidiary of Park, SE Property Holdings, LLC (“SEPH”), with SEPH being the surviving entity.

As part of the transaction between Vision and Centennial, Park agreed to allow Centennial to “put back” up to $7.5 million aggregate principal amount of loans, which were originally included within the loans sold in the transaction. The loan put option expired on August 16, 2012, 180 days after the closing of the transaction, which was February 16, 2012. Prior to August 16, 2012, Centennial notified Park of its intent to put back approximately $7.5 million aggregate principal amount of loans. During 2012, Centennial put back forty-four loans, totaling approximately $7.5 million. These forty-four loans were recorded on the books at a fair value of $4.2 million. The difference of $3.3 million was written off against the loan put liability that had previously been established in the first half of 2012.

Note 4 – Goodwill and Intangible Assets

The following table shows the activity in goodwill and core deposit intangibles for the first six months of 2013.

(in thousands)	Goodwill		Core Deposit Intangibles		Total
December 31, 2012	$	72,334	$	337	$	72,671
Amortization	—		225		225
June 30, 2013	$	72,334	$	112	$	72,446

The core deposit intangibles are being amortized to expense principally on the straight-line method, over a period of six years. Management expects that the core deposit intangibles amortization expense will be approximately $112,000 for the third quarter of 2013. Following the third quarter of 2013, there will be no remaining intangible asset subject to amortization.

11

Note 5 – Loans

The composition of the loan portfolio, by class of loan, as of June 30, 2013 and December 31, 2012 was as follows:

	June 30, 2013						December 31, 2012
(In thousands)	Loan balance		Accrued interest receivable		Recorded investment		Loan balance		Accrued interest receivable		Recorded investment
Commercial, financial and agricultural *	$	806,709	$	3,184	$	809,893	$	823,927	$	2,976	$	826,903
Commercial real estate *	1,113,251		3,689		1,116,940		1,092,164		3,839		1,096,003
Construction real estate:
SEPH commercial land and development *	10,217		21		10,238		15,105		37		15,142
Remaining commercial	113,443		281		113,724		115,473		331		115,804
Mortgage	24,570		75		24,645		26,373		81		26,454
Installment	7,638		28		7,666		8,577		33		8,610
Residential real estate:
Commercial	400,540		1,008		401,548		392,203		959		393,162
Mortgage	1,091,874		2,028		1,093,902		1,064,787		1,399		1,066,186
HELOC	209,902		841		210,743		212,905		892		213,797
Installment	38,446		144		38,590		43,750		176		43,926
Consumer	690,892		2,794		693,686		651,930		2,835		654,765
Leases	3,234		28		3,262		3,128		29		3,157
Total loans	$	4,510,716	$	14,121	$	4,524,837	$	4,450,322	$	13,587	$	4,463,909

* Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

12

Credit Quality

The following tables present the recorded investment in nonaccrual loans, accruing troubled debt restructurings, and loans past due 90 days or more and still accruing by class of loan as of June 30, 2013 and December 31, 2012:

	June 30, 2013
(In thousands)	Nonaccrual loans		Accruing troubled debt restructurings		Loans past due 90 days or more and accruing		Total nonperforming loans
Commercial, financial and agricultural	$	20,060	$	111	$	—	$	20,171
Commercial real estate	38,818		3,310		—		42,128
Construction real estate:
SEPH commercial land and development	9,103		—		—		9,103
Remaining commercial	15,682		2,853		—		18,535
Mortgage	61		98		—		159
Installment	41		169		—		210
Residential real estate:
Commercial	34,506		906		—		35,412
Mortgage	20,967		11,569		739		33,275
HELOC	1,732		754		—		2,486
Installment	979		927		—		1,906
Consumer	3,449		1,789		806		6,044
Total loans	$	145,398	$	22,486	$	1,545	$	169,429

	December 31, 2012
(In thousands)	Nonaccrual loans		Accruing troubled debt restructurings		Loans past due 90 days or more and accruing		Total nonperforming loans
Commercial, financial and agricultural	$	17,324	$	5,277	$	37	$	22,638
Commercial real estate	40,983		3,295		1,007		45,285
Construction real estate:
SEPH commercial land and development	13,939		—		—		13,939
Remaining commercial	14,977		6,597		—		21,574
Mortgage	158		100		—		258
Installment	149		175		—		324
Residential real estate:
Commercial	33,961		1,661		94		35,716
Mortgage	28,260		9,425		950		38,635
HELOC	1,689		736		—		2,425
Installment	1,670		780		54		2,504
Consumer	2,426		1,900		888		5,214
Total loans	$	155,536	$	29,946	$	3,030	$	188,512

13

The following table provides additional information regarding those nonaccrual and accruing troubled debt restructured loans that were individually evaluated for impairment and those collectively evaluated for impairment as of June 30, 2013 and December 31, 2012.

	June 30, 2013						December 31, 2012
(In thousands)	Nonaccrual and accruing troubled debt restructured loans		Loans individually evaluated for impairment		Loans collectively evaluated for impairment		Nonaccrual and accruing troubled debt restructured loans		Loans individually evaluated for impairment		Loans collectively evaluated for impairment
Commercial, financial and agricultural	$	20,171	$	20,154	$	17	$	22,601	$	22,587	$	14
Commercial real estate	42,128		42,128		—		44,278		44,278		—
Construction real estate:
SEPH commercial land and development	9,103		9,074		29		13,939		13,260		679
Remaining commercial	18,535		18,535		—		21,574		21,574		—
Mortgage	159		—		159		258		—		258
Installment	210		—		210		324		—		324
Residential real estate:
Commercial	35,412		35,412		—		35,622		35,622		—
Mortgage	32,536		—		32,536		37,685		—		37,685
HELOC	2,486		—		2,486		2,425		—		2,425
Installment	1,906		—		1,906		2,450		—		2,450
Consumer	5,238		799		4,439		4,326		18		4,308
Total loans	$	167,884	$	126,102	$	41,782	$	185,482	$	137,339	$	48,143

All of the loans individually evaluated for impairment were evaluated using the fair value of the collateral or present value of expected future cash flows as the measurement method.

The following table presents loans individually evaluated for impairment by class of loan as of June 30, 2013 and December 31, 2012.

	June 30, 2013						December 31, 2012
(In thousands)	Unpaid principal balance		Recorded investment		Allowance for loan losses allocated		Unpaid principal balance		Recorded investment		Allowance for loan losses allocated
With no related allowance recorded:
Commercial, financial and agricultural	$	20,857	$	12,175	$	—	$	23,782	$	14,683	$	—
Commercial real estate	62,272		39,013		—		56,258		35,097		—
Construction real estate:
SEPH commercial land and development	47,400		9,074		—		56,075		12,740		—
Remaining commercial	21,621		9,356		—		29,328		14,093		—
Residential real estate:
Commercial	30,014		31,455		—		39,918		31,957		—
Consumer	799		799		—		18		18		—
With an allowance recorded:
Commercial, financial and agricultural	12,672		7,979		3,210		12,268		7,904		3,180
Commercial real estate	3,433		3,115		703		11,412		9,181		1,540
Construction real estate:
SEPH commercial land and development	—		—		—		1,271		520		—
Remaining commercial	10,824		9,179		2,580		8,071		7,481		2,277
Residential real estate:
Commercial	4,979		3,957		973		3,944		3,665		1,279
Consumer	—		—		—		—		—		—
Total	$	214,871	$	126,102	$	7,466	$	242,345	$	137,339	$	8,276

14

Management’s general practice is to proactively charge down loans individually evaluated for impairment to the fair value of the underlying collateral. At June 30, 2013 and December 31, 2012, there were $89.1 million and $96.9 million, respectively, of partial charge-offs on loans individually evaluated for impairment with no related allowance recorded and $7.7 million and $8.2 million, respectively, of partial charge-offs on loans individually evaluated for impairment that also had a specific reserve allocated.

The allowance for loan losses included specific reserves related to loans individually evaluated for impairment at June 30, 2013 and December 31, 2012 of $7.5 million and $8.3 million, respectively. These loans with specific reserves had a recorded investment of $24.2 million and $28.8 million as of June 30, 2013 and December 31, 2012, respectively.

Interest income on loans individually evaluated for impairment is recognized on a cash basis. The following table presents the average recorded investment and interest income recognized on loans individually evaluated for impairment as of and for the three and six months ended June 30, 2013 and June 30, 2012:

	Three Months Ended June 30, 2013						Three Months Ended June 30, 2012
(In thousands)	Recorded investment as of June 30, 2013		Average recorded investment		Interest income recognized		Recorded investment as of June 30, 2012		Average recorded investment		Interest income recognized
Commercial, financial and agricultural	$	20,154	$	21,148	$	82	$	41,591	$	42,056	$	205
Commercial real estate	42,128		40,047		259		43,969		42,689		287
Construction real estate:
SEPH commercial land and development	9,074		9,532		—		17,272		18,412		—
Remaining commercial	18,535		19,390		192		29,562		31,428		199
Residential real estate:
Commercial	35,412		36,141		112		37,277		40,359		125
Consumer	799		799		—		19		19		1
Total	$	126,102	$	127,057	$	645	$	169,690	$	174,963	$	817

	Six Months Ended June 30, 2013						Six Months Ended June 30, 2012
(In thousands)	Recorded investment as of June 30, 2013		Average recorded investment		Interest income recognized		Recorded investment as of June 30, 2012		Average recorded investment		Interest income recognized
Commercial, financial and agricultural	$	20,154	$	21,252	$	210	$	41,591	$	41,218	$	310
Commercial real estate	42,128		41,840		515		43,969		45,758		494
Construction real estate:
SEPH commercial land and development	9,074		10,854		—		17,272		20,302		—
Remaining commercial	18,535		20,103		412		29,562		28,899		450
Residential real estate:
Commercial	35,412		35,897		242		37,277		41,541		165
Consumer	799		459		—		19		20		1
Total	$	126,102	$	130,405	$	1,379	$	169,690	$	177,738	$	1,420

15

The following tables present the aging of the recorded investment in past due loans as of June 30, 2013 and December 31, 2012 by class of loan.

	June 30, 2013
(In thousands)	Accruing loans past due 30-89 days		Past due  nonaccrual loans and loans past due 90 days or more and  accruing*		Total past due		Total current		Total recorded investment
Commercial, financial and agricultural	$	852	$	15,335	$	16,187	$	793,706	$	809,893
Commercial real estate	2,982		14,095		17,077		1,099,863		1,116,940
Construction real estate:
SEPH commercial land and development	—		7,477		7,477		2,761		10,238
Remaining commercial	—		3,941		3,941		109,783		113,724
Mortgage	223		61		284		24,361		24,645
Installment	73		—		73		7,593		7,666
Residential real estate:
Commercial	1,064		5,730		6,794		394,754		401,548
Mortgage	12,267		13,548		25,815		1,068,087		1,093,902
HELOC	442		604		1,046		209,697		210,743
Installment	427		314		741		37,849		38,590
Consumer	10,468		3,647		14,115		679,571		693,686
Leases	—		—		—		3,262		3,262
Total loans	$	28,798	$	64,752	$	93,550	$	4,431,287	$	4,524,837

* Includes $1.5 million of loans past due 90 days or more and accruing. The remaining are past due, nonaccrual loans and accruing troubled debt restructurings.

	December 31, 2012
(in thousands)	Accruing loans past due 30-89 days		Past due nonaccrual  loans and loans past due 90 days or more and accruing*		Total past due		Total current		Total recorded investment
Commercial, financial and agricultural	$	6,251	$	11,811	$	18,062	$	808,841	$	826,903
Commercial real estate	2,212		26,355		28,567		1,067,436		1,096,003
Construction real estate:
SEPH commercial land and development	686		11,314		12,000		3,142		15,142
Remaining commercial	3,652		5,838		9,490		106,314		115,804
Mortgage	171		85		256		26,198		26,454
Installment	135		40		175		8,435		8,610
Residential real estate:
Commercial	1,163		5,917		7,080		386,082		393,162
Mortgage	11,948		17,370		29,318		1,036,868		1,066,186
HELOC	620		309		929		212,868		213,797
Installment	563		787		1,350		42,576		43,926
Consumer	12,924		2,688		15,612		639,153		654,765
Leases	—		—		—		3,157		3,157
Total loans	$	40,325	$	82,514	$	122,839	$	4,341,070	$	4,463,909

* Includes $3.0 million of loans past due 90 days or more and accruing. The remaining are past due, nonaccrual loans and accruing troubled debt restructurings.

16

Credit Quality Indicators

Management utilizes past due information as a credit quality indicator across the loan portfolio. Past due information as of June 30, 2013 and December 31, 2012 is included in the tables above. The past due information is the primary credit quality indicator within the following classes of loans: (1) mortgage loans and installment loans in the construction real estate segment; (2) mortgage loans, HELOC and installment loans in the residential real estate segment; and (3) consumer loans. The primary credit indicator for commercial loans is based on an internal grading system that grades all commercial loans from 1 to 8. Credit grades are continuously monitored by the respective loan officer and adjustments are made when appropriate. A grade of 1 indicates little or no credit risk and a grade of 8 is considered a loss. Commercial loans with grades of 1 to 4.5 (pass-rated) are considered to be of acceptable credit risk. Commercial loans graded a 5 (special mention) are considered to be watch list credits and a higher loan loss reserve percentage is allocated to these loans. Loans classified as special mention have potential weaknesses that require management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. Commercial loans graded 6 (substandard), also considered watch list credits, are considered to represent higher credit risk and, as a result, a higher loan loss reserve percentage is allocated to these loans. Loans classified as substandard are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that Park will sustain some loss if the deficiencies are not corrected. Commercial loans that are graded a 7 (doubtful) are shown as nonaccrual and Park generally charges these loans down to their fair value by taking a partial charge-off or recording a specific reserve. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Certain 6-rated loans and all 7-rated loans are included within the impaired category. A loan is deemed impaired when management determines the borrower's ability to perform in accordance with the contractual loan agreement is in doubt. Any commercial loan graded an 8 (loss) is completely charged off.

The tables below present the recorded investment by loan grade at June 30, 2013 and December 31, 2012 for all commercial loans:

	June 30, 2013
(In thousands)	5 Rated		6 Rated		Impaired		Pass Rated		Recorded Investment
Commercial, financial and agricultural *	$	11,210	$	9,614	$	20,171	$	768,898	$	809,893
Commercial real estate *	20,586		2,373		42,128		1,051,853		1,116,940
Construction real estate:
SEPH commercial land and development *	385		—		9,103		750		10,238
Remaining commercial	5,736		—		18,535		89,453		113,724
Residential real estate:
Commercial	8,312		1,259		35,412		356,565		401,548
Leases	—		—		—		3,262		3,262
Total Commercial Loans	$	46,229	$	13,246	$	125,349	$	2,270,781	$	2,455,605

 * Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

17

	December 31, 2012
(In thousands)	5 Rated		6 Rated		Impaired		Pass Rated		Recorded Investment
Commercial, financial and agricultural *	$	9,537	$	10,874	$	22,601	$	783,891	$	826,903
Commercial real estate *	25,616		3,960		44,278		1,022,149		1,096,003
Construction real estate:
SEPH commercial land and development *	411		—		13,939		792		15,142
Remaining commercial	6,734		—		21,574		87,496		115,804
Residential real estate:
Commercial	8,994		2,053		35,622		346,493		393,162
Leases	—		—		—		3,157		3,157
Total Commercial Loans	$	51,292	$	16,887	$	138,014	$	2,243,978	$	2,450,171

* Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

Troubled Debt Restructurings (TDRs)

Management classifies loans as TDRs when a borrower is experiencing financial difficulties and Park has granted a concession to the borrower as part of a modification or in the loan renewal process. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of the borrower's debt in the foreseeable future without the modification. This evaluation is performed under the Company’s internal underwriting policy. Management’s policy is to modify loans by extending the term or by granting a temporary or permanent contractual interest rate below the market rate, not by forgiving debt. Certain loans which were modified during the period ended June 30, 2013 did not meet the definition of a TDR as the modification was a delay in a payment that was considered to be insignificant. Management considers a forbearance period of up to three months or a delay in payment of up to 30 days to be insignificant. TDRs may be classified as accruing if the borrower has been current for a period of at least six months with respect to loan payments and management expects that the borrower will be able to continue to make payments in accordance with the terms of the restructured note. Management reviews all accruing TDRs quarterly to ensure payments continue to be made in accordance with the modified terms.

Management reviews renewals/modifications of loans previously identified as TDRs to consider if it is appropriate to remove the TDR classification. If the borrower is no longer experiencing financial difficulty and the renewal/modification does not contain a concessionary interest rate or other concessionary terms, management considers the potential removal of the TDR classification. If deemed appropriate, the TDR classification is removed as the borrower has complied with the terms of the loan at the date of the renewal/modification and there was a reasonable expectation that the borrower would continue to comply with the terms of the loan subsequent to the date of the renewal/modification. The majority of these TDRs were originally considered restructurings in a prior year as a result of a modification with an interest rate that was not commensurate with the risk of the underlying loan. During both the three-month and six-month periods ended June 30, 2013, Park removed the TDR classification on $2.9 million of loans that met the requirements discussed above.

At June 30, 2013 and December 31, 2012, there were $81.9 million and $84.7 million, respectively, of TDRs included in nonaccrual loan totals. At June 30, 2013 and December 31, 2012, $59.0 million and $52.6 million of these nonaccrual TDRs were performing in accordance with the terms of the restructured note. As of June 30, 2013 and December 31, 2012, there were $22.5 million and $29.9 million, respectively, of TDRs included in accruing loan totals. Management will continue to review the restructured loans and may determine it appropriate to move certain of the loans back to accrual status in the future. At June 30, 2013 and December 31, 2012, Park had commitments to lend $5.1 million and $5.0 million, respectively, of additional funds to borrowers whose terms had been modified in a TDR.

The specific reserve related to TDRs at June 30, 2013 and December 31, 2012 was $5.0 million and $5.6 million, respectively. Modifications made in 2012 and 2013 were largely the result of renewals, extending the maturity date of the loan, at terms consistent with the original note. These modifications were deemed to be TDRs primarily due to Park’s conclusion that the borrower would likely not have qualified for similar terms through another lender. Many of the modifications deemed to be TDRs were previously identified as impaired loans, and thus were also previously evaluated for impairment under ASC 310.  Additional specific reserves of $33,000 and $271,000 were recorded during the three-month and six-month periods ending June 30, 2013, respectively, as a result of TDRs identified in the 2013 year. Additional specific reserves of $818,000 and $1.1

18

million were recorded during the three-month and six-month periods ending June 30, 2012, respectively, as a result of TDRs identified in the 2012 year.

The terms of certain other loans were modified during the six-month period ended June 30, 2013 and June 30, 2012 that did not meet the definition of a TDR. Modified substandard commercial loans which did not meet the definition of a TDR had a total recorded investment as of June 30, 2013 and June 30, 2012 of $1.0 million and $1.2 million, respectively. The modification of these loans: (1) involved a modification of the terms of a loan to a borrower who was not experiencing financial difficulties, (2) resulted in a delay in a payment that was considered to be insignificant, or (3) resulted in Park obtaining additional collateral or guarantees that improved the likelihood of the ultimate collection of the loan such that the modification was deemed to be at market terms.  Modified consumer loans which did not meet the definition of a TDR had a total recorded investment as of June 30, 2013 and June 30, 2012 of $12.0 million and $16.0 million, respectively. Many of these loans were to borrowers who were not experiencing financial difficulties but who were looking to reduce their cost of funds.

The following tables detail the number of contracts modified as TDRs during the three-month and six-month periods ended June 30, 2013 and June 30, 2012, as well as the recorded investment of these contracts at June 30, 2013 and June 30, 2012. The recorded investment pre- and post-modification is generally the same due to the fact that Park does not typically provide for forgiveness of principle.

During the second half of 2012, general guidance was issued by the Office of the Comptroller of the Currency ("OCC") clarifying the requirement to identify as a TDR loans whereby the borrower's obligation to PNB had been discharged in bankruptcy and the borrower has not reaffirmed the debt. These TDRs are included in the current year modified totals below, within the residential real estate and consumer segments.

	Three Months Ended June 30, 2013
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	7	$	106	$	156	$	262
Commercial real estate	5	—		1,502		1,502
Construction real estate:
SEPH commercial land and development	—	—		—		—
Remaining commercial	1	180		—		180
Mortgage	—	—		—		—
Installment	—	—		—		—
Residential real estate:
Commercial	8	—		1,007		1,007
Mortgage	21	582		1,032		1,614
HELOC	3	28		—		28
Installment	3	24		35		59
Consumer	103	378		212		590
Total loans	151	$	1,298	$	3,944	$	5,242

19

	Three Months Ended June 30, 2012
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	11	$	175	$	2,692	$	2,867
Commercial real estate	4	—		1,739		1,739
Construction real estate:
SEPH commercial land and development	—	—		—		—
Remaining commercial	1	—		258		258
Mortgage	—	—		—		—
Installment	—	—		—		—
Residential real estate:
Commercial	2	—		675		675
Mortgage	6	—		1,338		1,338
HELOC	—	—		—		—
Installment	3	—		169		169
Consumer	—	—		—		—
Total loans	27	$	175	$	6,871	$	7,046

Of those loans listed in the tables above which were modified during the three-month period ended June 30, 2013, $3.0 million were on nonaccrual status as of December 31, 2012, but were not classified as TDRs. Of those loans which were modified during the three-month period ended June 30, 2012, $2.2 million were on nonaccrual status as of December 31, 2011, but were not classified as TDRs.

	Six Months Ended June 30, 2013
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	14	$	7	$	489	$	496
Commercial real estate	7	25		1,653		1,678
Construction real estate:
SEPH commercial land and development	—	—		—		—
Remaining commercial	2	217		—		217
Mortgage	—	—		—		—
Installment	2	—		25		25
Residential real estate:
Commercial	14	376		2,582		2,958
Mortgage	33	1,457		1,274		2,731
HELOC	7	91		—		91
Installment	7	70		35		105
Consumer	175	582		272		854
Total loans	261	$	2,825	$	6,330	$	9,155

20

	Six Months Ended June 30, 2012
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	16	$	1,862	$	3,428	$	5,290
Commercial real estate	20	1,836		4,677		6,513
Construction real estate:
SEPH commercial land and development	4	—		862		862
Remaining commercial	10	3,776		6,575		10,351
Mortgage	—	—		—		—
Installment	—	—		—		—
Residential real estate:
Commercial	5	—		814		814
Mortgage	15	222		2,379		2,601
HELOC	—	—		—		—
Installment	3	—		170		170
Consumer	1	—		91		91
Total loans	74	$	7,696	$	18,996	$	26,692

Of those loans listed in the tables above which were modified during the six-month period ended June 30, 2013, $3.3 million were on nonaccrual status as of December 31, 2012, but were not classified as TDRs. Of those loans which were modified during the six-month period ended June 30, 2012, $8.0 million were on nonaccrual status as of December 31, 2011, but were not classified as TDRs.

The following table presents the recorded investment in financing receivables which were modified as TDRs within the previous 12 months and for which there was a payment default during the three-month and six-month periods ended June 30, 2013 and June 30, 2012, respectively. For this table, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional allowance for loan loss resulting from the defaults on TDR loans was immaterial.

	Three Months Ended June 30, 2013			Three Months Ended June 30, 2012
(In thousands)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Commercial, financial and agricultural	11	$	726	6	$	6,546
Commercial real estate	2	187		7	1,820
Construction real estate:
SEPH commercial land and development	2	242		3	639
Remaining commercial	2	321		4	3,267
Mortgage	—	—		—	—
Installment	—	—		—	—
Residential real estate:
Commercial	9	2,200		6	1,626
Mortgage	26	2,038		9	830
HELOC	5	83		1	46
Installment	9	141		2	169
Consumer	100	559		—	—
Leases	—	—		—	—
Total loans	166	$	6,497	38	$	14,943

21

Of the $6.5 million in modified TDRs which defaulted during the three months ended June 30, 2013, $421,000 were accruing loans and $6.1 million were nonaccrual loans. Of the $14.9 million in modified TDRs which defaulted during the three months ended June 30, 2012, $110,000 were accruing loans and $14.8 million were nonaccrual loans.

	Six Months Ended June 30, 2013			Six Months Ended June 30, 2012
(In thousands)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Commercial, financial and agricultural	12	$	736	9	$	6,786
Commercial real estate	2	187		7	1,820
Construction real estate:
SEPH commercial land and development	3	257		3	639
Remaining commercial	2	321		7	4,699
Mortgage	—	—		—	—
Installment	1	12		—	—
Residential real estate:
Commercial	9	2,200		6	1,626
Mortgage	38	2,981		11	1,165
HELOC	6	120		1	46
Installment	10	162		2	169
Consumer	115	632		—	—
Leases	—	—		—	—
Total loans	198	$	7,608	46	$	16,950

Of the $7.6 million in modified TDRs which defaulted during the six months ended June 30, 2013, $1.1 million were accruing loans and $6.5 million were nonaccrual loans. Of the $17.0 million in modified TDRs which defaulted during the six months ended June 30, 2012, $110,000 were accruing loans and $16.9 million were nonaccrual loans.

Note 6 – Allowance for Loan Losses

The allowance for loan losses is that amount management believes is adequate to absorb probable incurred credit losses in the loan portfolio based on management’s evaluation of various factors including overall growth in the loan portfolio, an analysis of individual loans, prior and current loss experience, and current economic conditions. A provision for loan losses is charged to operations based on management’s periodic evaluation of these and other pertinent factors as discussed within Note 1 of the Notes to Consolidated Financial Statements included in Park’s 2012 Annual Report.

The activity in the allowance for loan losses for the three and six months ended June 30, 2013 and June 30, 2012 is summarized below.

	Three Months Ended June 30, 2013
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate			Residential real estate			Consumer		Leases			Total
Allowance for loan losses:
Beginning balance	$	15,417	$	11,070	$	7,556		$	14,634		$	6,638	$	—		$	55,315
Charge-offs	776		742		153			648			1,520		—			3,839
Recoveries	728		222		421			1,142			448		1			2,962
Net charge-offs/(recoveries)	48		520		(268		)	(494		)	1,072		(1		)	877
Provision (releases)	22		475		(692		)	(481		)	1,350		(1		)	673
Ending balance	$	15,391	$	11,025	$	7,132		$	14,647		$	6,916	$	—		$	55,111

22

	Three Months Ended June 30, 2012
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate			Residential real estate		Consumer		Leases		Total
Allowance for loan losses:
Beginning balance	$	18,328	$	12,006	$	9,747		$	13,868	$	5,809	$	—	$	59,758
Charge-offs	5,423		935		1,009			1,701		996		—		10,064
Recoveries	124		247		1,699			1,187		507		—		3,764
Net charge-offs / (recoveries)	5,299		688		(690		)	514		489		—		6,300
Provision	2,191		638		1,256			452		701		—		5,238
Ending balance	$	15,220	$	11,956	$	11,693		$	13,806	$	6,021	$	—	$	58,696

	Six Months Ended June 30, 2013
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate			Residential real estate			Consumer		Leases			Total
Allowance for loan losses:
Beginning balance	$	15,635	$	11,736	$	6,841		$	14,759		$	6,566	$	—		$	55,537
Charge-offs	3,484		1,076		1,671			1,322			2,794		—			10,347
Recoveries	917		262		1,848			4,640			1,251		1			8,919
Net charge-offs/(recoveries)	2,567		814		(177		)	(3,318		)	1,543		(1		)	1,428
Provision (releases)	2,323		103		114			(3,430		)	1,893		(1		)	1,002
Ending balance	$	15,391	$	11,025	$	7,132		$	14,647		$	6,916	$	—		$	55,111

	Six Months Ended June 30, 2012
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
Allowance for loan losses:
Beginning balance	$	16,950	$	15,539	$	14,433	$	15,692	$	5,830	$	—	$	68,444
Charge-offs	9,961		5,869		5,329		5,623		2,249		—		29,031
Recoveries	592		339		1,766		1,796		1,214		—		5,707
Net charge-offs	9,369		5,530		3,563		3,827		1,035		—		23,324
Provision	7,639		1,947		823		1,941		1,226		—		13,576
Ending balance	$	15,220	$	11,956	$	11,693	$	13,806	$	6,021	$	—	$	58,696

Loans collectively evaluated for impairment in the following tables include all performing loans at June 30, 2013 and December 31, 2012, as well as nonperforming loans internally classified as consumer loans. Nonperforming consumer loans are not typically individually evaluated for impairment, but receive a portion of the statistical allocation of the allowance for loan losses. Loans individually evaluated for impairment include all impaired loans internally classified as commercial loans at June 30, 2013 and December 31, 2012, which are evaluated for impairment in accordance with U.S. GAAP (see Note 1 of the Notes to Consolidated Financial Statements included in Park’s 2012 Annual Report).

23

The composition of the allowance for loan losses at June 30, 2013 and December 31, 2012 was as follows:

	June 30, 2013
(In thousands)	Commercial, financial and agricultural			Commercial real estate			Construction real estate			Residential real estate			Consumer			Leases		Total
Allowance for loan losses:
Ending allowance balance attributed to loans:
Individually evaluated for impairment	$	3,210		$	703		$	2,580		$	973		$	—		$	—	$	7,466
Collectively evaluated for impairment	12,181			10,322			4,552			13,674			6,916			—		47,645
Total ending allowance balance	$	15,391		$	11,025		$	7,132		$	14,647		$	6,916		$	—	$	55,111
Loan balance:
Loans individually evaluated for impairment	$	20,154		$	42,117		$	27,598		$	35,412		$	799		$	—	$	126,080
Loans collectively evaluated for impairment	786,555			1,071,134			128,270			1,705,350			690,093			3,234		4,384,636
Total ending loan balance	$	806,709		$	1,113,251		$	155,868		$	1,740,762		$	690,892		$	3,234	$	4,510,716
Allowance for loan losses as a percentage of loan balance:
Loans individually evaluated for impairment	15.93		%	1.67		%	9.35		%	2.75		%	—			—		5.92		%
Loans collectively evaluated for impairment	1.55		%	0.96		%	3.55		%	0.80		%	1.00		%	—		1.09		%
Total ending loan balance	1.91		%	0.99		%	4.58		%	0.84		%	1.00		%	—		1.22		%
Recorded investment:
Loans individually evaluated for impairment	$	20,154		$	42,128		$	27,609		$	35,412		$	799		$	—	$	126,102
Loans collectively evaluated for impairment	789,739			1,074,812			128,664			1,709,371			692,887			3,262		4,398,735
Total ending loan balance	$	809,893		$	1,116,940		$	156,273		$	1,744,783		$	693,686		$	3,262	$	4,524,837

24

	December 31, 2012
(In thousands)	Commercial, financial and agricultural			Commercial real estate			Construction real estate			Residential real estate			Consumer			Leases		Total
Allowance for loan losses:
Ending allowance balance attributed to loans:
Individually evaluated for impairment	$	3,180		$	1,540		$	2,277		$	1,279		$	—		$	—	$	8,276
Collectively evaluated for impairment	12,455			10,196			4,564			13,480			6,566			—		47,261
Total ending allowance balance	$	15,635		$	11,736		$	6,841		$	14,759		$	6,566		$	—	$	55,537
Loan balance:
Loans individually evaluated for impairment	$	22,523		$	44,267		$	34,814		$	35,616		$	18		$	—	$	137,238
Loans collectively evaluated for impairment	801,404			1,047,897			130,714			1,678,029			651,912			3,128		4,313,084
Total ending loan balance	$	823,927		$	1,092,164		$	165,528		$	1,713,645		$	651,930		$	3,128	$	4,450,322
Allowance for loan losses as a percentage of loan balance:
Loans individually evaluated for impairment	14.12		%	3.48		%	6.54		%	3.59		%	—			—		6.03		%
Loans collectively evaluated for impairment	1.55		%	0.97		%	3.49		%	0.80		%	1.01		%	—		1.10		%
Total ending loan balance	1.90		%	1.07		%	4.13		%	0.86		%	1.01		%	—		1.25		%
Recorded investment:
Loans individually evaluated for impairment	$	22,587		$	44,278		$	34,834		$	35,622		$	18		$	—	$	137,339
Loans collectively evaluated for impairment	804,316			1,051,725			131,176			1,681,449			654,747			3,157		4,326,570
Total ending loan balance	$	826,903		$	1,096,003		$	166,010		$	1,717,071		$	654,765		$	3,157	$	4,463,909

Note 7 – Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the three and six months ended June 30, 2013 and 2012.

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except share and per share data)	2013		2012		2013		2012
Numerator:
Income available to common shareholders	$	20,034	$	16,938	$	40,744	$	46,936
Denominator:
Denominator for basic earnings per share (weighted average common shares outstanding)	15,411,981		15,405,902		15,411,986		15,405,906
Effect of dilutive options and warrants	—		—		—		3,784
Denominator for diluted earnings per share (weighted average common shares outstanding adjusted for the effect of dilutive options and warrants)	15,411,981		15,405,902		15,411,986		15,409,690
Earnings per common share:
Basic earnings per common share	$	1.30	$	1.10	$	2.64	$	3.05
Diluted earnings per common share	$	1.30	$	1.10	$	2.64	$	3.05

25

As of June 30, 2012, options to purchase 65,975 common shares were outstanding under Park’s 2005 Incentive Stock Option Plan. All options had expired as of June 30, 2013. There were no common shares outstanding at June 30, 2012 related to Park’s participation in the U.S. Treasury Capital Purchase Program (“CPP”). Park repurchased the CPP warrant on May 2, 2012.

Options to purchase a weighted average of 70,047 common shares were not included in the computation of diluted earnings per common share for the six months ended June 30, 2012, because the exercise price exceeded the market value of the underlying common shares such that their inclusion would have had an anti-dilutive effect. The warrant to purchase 227,376 common shares issued under the CPP was included in the computation of diluted earnings per common share for the six months ended June 30, 2012, as the dilutive effect of this warrant was 3,784 common shares for this period. The exercise price of the CPP warrant to purchase 227,376 common shares was $65.97. There were no dilutive options or warrants included in the calculation of diluted earnings per share for the three and six months ended June 30, 2013.

Note 8 – Segment Information

The Corporation is a bank holding company headquartered in Newark, Ohio. The operating segments for the Corporation are its chartered national bank subsidiary, The Park National Bank (headquartered in Newark, Ohio) (“PNB”), SE Property Holdings, LLC (“SEPH”), and Guardian Financial Services Company (“GFSC”).

Management is required to disclose information about the different types of business activities in which a company engages and also information on the different economic environments in which a company operates, so that the users of the financial statements can better understand the company’s performance, better understand the potential for future cash flows, and make more informed judgments about the company as a whole. Park has three operating segments, as: (i) discrete financial information is available for each operating segment and (ii) the segments are aligned with internal reporting to Park’s Chairman and Chief Executive Officer, who is the chief operating decision maker.

	Operating Results for the three months ended June 30, 2013
(In thousands)	PNB		GFSC			SEPH			All Other			Total
Net interest income (expense)	$	51,736	$	2,238		$	(347	)	$	1,085		$	54,712
Provision for (recovery of) loan losses	2,122		210			(1,659		)	—			673
Other income (loss)	18,536		(3		)	645			120			19,298
Other expense	40,408		810			3,909			1,443			46,570
Income (loss) before income taxes	$	27,742	$	1,215		$	(1,952	)	$	(238	)	$	26,767
Federal income taxes (benefit)	7,420		425			(683		)	(429		)	6,733
Net income (loss)	$	20,322	$	790		$	(1,269	)	$	191		$	20,034
Assets (as of June 30, 2013)	$	6,519,766	$	50,307		$	78,993		$	(8,593	)	$	6,640,473

	Operating Results for the three months ended June 30, 2012
(In thousands)	PNB		GFSC		SEPH			All Other			Total
Net interest income (expense)	$	56,022	$	2,305	$	(1,125	)	$	1,478		$	58,680
Provision for loan losses	3,756		200		1,282			—			5,238
Other income (loss)	17,700		—		(275		)	83			17,508
Other expense	37,260		706		5,999			1,839			45,804
Income (loss) before income taxes	$	32,706	$	1,399	$	(8,681	)	$	(278	)	$	25,146
Federal income taxes (benefit)	9,223		490		(3,041		)	(412		)	6,260
Net income (loss)	$	23,483	$	909	$	(5,640	)	$	134		$	18,886
Assets (as of June 30, 2012)	$	6,535,709	$	48,763	$	140,051		$	(18,949	)	$	6,705,574

26

	Operating Results for the six months ended June 30, 2013
(In thousands)	PNB		GFSC			SEPH			All Other			Total
Net interest income (expense)	$	104,471	$	4,371		$	(1,002	)	$	2,325		$	110,165
Provision for (recovery of) loan losses	5,252		420			(4,670		)	—			1,002
Other income (loss)	36,408		(1		)	1,476			220			38,103
Other expense	80,732		1,596			7,253			3,087			92,668
Income (loss) before income taxes	$	54,895	$	2,354		$	(2,109	)	$	(542	)	$	54,598
Federal income taxes (benefit)	14,633		824			(738		)	(865		)	13,854
Net income (loss)	$	40,262	$	1,530		$	(1,371	)	$	323		$	40,744

	Operating Results for the six months ended June 30, 2012
(In thousands)	PNB		GFSC		SEPH		All Other			Total
Net interest income	$	111,868	$	4,516	$	1,485	$	2,539		$	120,408
Provision for loan losses	8,428		450		4,698		—			13,576
Other income	34,361		—		449		151			34,961
Gain on sale of Vision business	—		—		22,167		—			22,167
Other expense	75,316		1,427		14,164		3,367			94,274
Income (loss) before income taxes	$	62,485	$	2,639	$	5,239	$	(677	)	$	69,686
Federal income taxes (benefit)	17,441		924		1,820		(860		)	19,325
Net income	$	45,044	$	1,715	$	3,419	$	183		$	50,361

The operating results of the Parent Company in the “All Other” column are used to reconcile the segment totals to the consolidated condensed statements of income for the three-month and six-month periods ended June 30, 2013 and 2012. The reconciling amounts for consolidated total assets for the periods ended June 30, 2013 and 2012 consisted of the elimination of intersegment borrowings and the assets of the Parent Company which were not eliminated.

Note 9 – Mortgage Loans Held For Sale

Mortgage loans held for sale are carried at their fair value. At June 30, 2013 and December 31, 2012, respectively, Park had approximately $13.1 million and $25.7 million in mortgage loans held for sale. These amounts are included in loans on the consolidated condensed balance sheets and in the residential real estate loan segments in Notes 5 and 6. The contractual balance was $13.0 million and $25.2 million at June 30, 2013 and December 31, 2012, respectively. The gain expected upon sale was $177,000 and $568,000 at June 30, 2013 and December 31, 2012, respectively. None of these loans were 90 days or more past due or on nonaccrual status as of June 30, 2013 or December 31, 2012.

Note 10 – Investment Securities

The amortized cost and fair values of investment securities are shown in the following table. Management performs a quarterly evaluation of investment securities for any other-than-temporary impairment. For the three and six months ended June 30, 2013, there were no investment securities deemed to be other-than-temporarily impaired. For the three and six months ended June 30, 2012, Park recognized an other-than-temporary impairment charge of $54,000, related to an equity investment in a financial institution.

27

Investment securities at June 30, 2013, were as follows:

Securities Available-for-Sale (In thousands)	Amortized Cost		Gross Unrealized Holding  Gains		Gross Unrealized Holding  Losses		Estimated  Fair Value
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	620,640	$	—	$	25,908	$	594,732
Obligations of states and political subdivisions	804		5		—		809
U.S. Government sponsored entities' asset-backed securities	445,254		8,134		4,106		449,282
Other equity securities	1,137		1,415		—		2,552
Total	$	1,067,835	$	9,554	$	30,014	$	1,047,375

Securities Held-to-Maturity (In thousands)	Amortized Cost		Gross Unrecognized Holding  Gains		Gross Unrecognized Holding  Losses		Estimated Fair Value
Obligations of states and political subdivisions	$	415	$	1	$	—	$	416
U.S. Government sponsored entities' asset-backed securities	231,372		6,762		31		238,103
Total	$	231,787	$	6,763	$	31	$	238,519

 Securities with unrealized losses at June 30, 2013, were as follows:

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Securities Available-for-Sale
Obligations of U.S. Treasury and other U.S. Government agencies	$	594,732	$	25,908	$	—	$	—	$	594,732	$	25,908
U.S. Government agencies' asset-backed securities	$	221,146	$	4,106	$	—	$	—	$	221,146	$	4,106
Total	$	815,878	$	30,014	$	—	$	—	$	815,878	$	30,014
Securities Held-to-Maturity
U.S. Government sponsored entities' asset-backed securities	$	4,080	$	31	$	—	$	—	$	4,080	$	31

28

Investment securities at December 31, 2012, were as follows:

Securities Available-for-Sale (In thousands)	Amortized  cost		Gross unrealized holding gains		Gross unrealized holding losses		Estimated fair value
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	695,655	$	1,352	$	1,280	$	695,727
Obligations of states and political subdivisions	984		19		—		1,003
U.S. Government sponsored entities' asset-backed securities	401,882		14,067		447		415,502
Other equity securities	1,137		1,085		—		2,222
Total	$	1,099,658	$	16,523	$	1,727	$	1,114,454

Securities Held-to-Maturity (In thousands)	Amortized  cost		Gross unrecognized holding gains		Gross unrecognized holding losses		Estimated fair value
Obligations of states and political subdivisions	$	570	$	2	$	—	$	572
U.S. Government sponsored entities' asset-backed securities	400,820		9,351		38		410,133
Total	$	401,390	$	9,353	$	38	$	410,705

Securities with unrealized losses at December 31, 2012, were as follows:

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Securities Available-for-Sale
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	177,470	$	1,280	$	—	$	—	$	177,470	$	1,280
U.S. Government sponsored entities' asset-backed securities	123,631		447		—		—		123,631		447
Total	$	301,101	$	1,727	$	—	$	—	$	301,101	$	1,727
Securities Held-to-Maturity
U.S. Government sponsored entities' asset-backed securities	$	10,120	$	38	$	—	$	—	$	10,120	$	38

Management does not believe any of the unrealized losses at June 30, 2013 or December 31, 2012 represent an other-than-temporary impairment. Should the impairment of any of these securities become other-than-temporary, the cost basis of the investment will be reduced and the resulting loss recognized within net income in the period the other-than-temporary impairment is identified.

Park’s U.S. Government sponsored entities asset-backed securities consist primarily of 15-year residential mortgage-backed securities and collateralized mortgage obligations.

29

The amortized cost and estimated fair value of investments in debt securities at June 30, 2013, are shown in the following table by contractual maturity or the expected call date, except for asset-backed securities, which are shown as a single total, due to the unpredictability of the timing of principal repayments.

Securities Available-for-Sale (In thousands)	Amortized cost		Fair value
U.S. Treasury and sponsored entities' obligations:
Due one through five years	$	223,750	216,659
Due five through ten years	396,890		378,073
Total	$	620,640	$	594,732
Obligations of states and political subdivisions:
Due within one year	$	804	$	809
U.S. Government sponsored entities' asset-backed securities:	$	445,254	$	449,282

Securities Held-to-Maturity (In thousands)	Amortized cost		Fair value
Obligations of state and political subdivisions:
Due within one year	$	415	$	416
U.S. Government sponsored entities' asset-backed securities	$	231,372	$	238,103

The $594.7 million of Park’s securities shown in the above table as U.S. Treasury and sponsored entities notes are callable notes. Of the $594.7 million reported at June 30, 2013, $166.8 million were expected to be called and are shown in the table at their expected call date. These callable securities have a final maturity in 10 to 14 years.

There were no sales of investment securities during the three-month and six-month periods ended June 30, 2013 or 2012.

Note 11 – Other Investment Securities

Other investment securities consist of stock investments in the Federal Home Loan Bank and the Federal Reserve Bank. These restricted stock investments are carried at their redemption value.

	June 30, 2013		December 31, 2012
(In thousands)
Federal Home Loan Bank stock	$	59,032	$	59,032
Federal Reserve Bank stock	6,875		6,875
Total	$	65,907	$	65,907

Note 12 – Pension Plan

Park has a noncontributory defined benefit pension plan covering substantially all of its employees. The plan provides benefits based on an employee’s years of service and compensation.

Park’s funding policy is to contribute annually an amount that can be deducted for federal income tax purposes using a different actuarial cost method and different assumptions from those used for financial reporting purposes. Pension plan contributions were $12.6 million and $15.9 million for the six-month periods ended June 30, 2013 and 2012, respectively.

30

The following table shows the components of net periodic benefit expense:

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2013			2012			2013			2012
Service cost	$	1,204		$	1,068		$	2,408		$	2,136
Interest cost	1,056			1,012			2,112			2,024
Expected return on plan assets	(2,384		)	(2,186		)	(4,768		)	(4,372		)
Amortization of prior service cost	5			5			10			10
Recognized net actuarial loss	676			427			1,352			854
Benefit expense	$	557		$	326		$	1,114		$	652

As a result of the February 16, 2012 acquisition of certain Vision assets and liabilities by Centennial Bank, during the first quarter of 2012, it was necessary to re-measure pension plan assets and liabilities resulting in a reduction to the unrecognized net loss account within Accumulated Other Comprehensive (Loss), of $412,000 (net of tax of $222,000).

Note 13 – Derivative Instruments

FASB ASC 815, Derivatives and Hedging, establishes accounting and reporting standards for derivative instruments, including certain derivative instruments embedded in other contracts, and for hedging activities. As required by U.S. GAAP, the Company records all derivatives on the consolidated condensed balance sheets at fair value. The accounting for changes in the fair value of a derivative depends on the intended use of the derivative and the resulting designation. Derivatives used to hedge the exposure to changes in the fair value of an asset, liability or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives used to hedge the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges.

For derivatives designated as cash flow hedges, the effective portion of changes in the fair value of the derivative is initially reported in other comprehensive income (outside of earnings) and subsequently reclassified into earnings when the hedged transaction affects earnings, with any ineffective portion of changes in the fair value of the derivative recognized directly in earnings. The Company assesses the effectiveness of each hedging relationship by comparing the changes in cash flows of the derivative hedging instrument with the changes in cash flows of the designated hedged item or transaction.

As of June 30, 2013, no derivatives were designated as cash flow hedges, fair value hedges or hedges of net investments in foreign operations. Additionally, the Company does not use derivatives for trading or speculative purposes.

As of June 30, 2013, Park had mortgage loan interest rate lock commitments outstanding of approximately $12.3 million. Park has specific contracts to sell each of these loans to a third-party investor. These loan commitments represent derivative instruments, which are required to be carried at fair value. The derivative instruments used are not designated as hedges under U.S. GAAP. At June 30, 2013, the fair value of the derivative instruments was approximately $133,000. The fair value of the derivative instruments is included within loans held for sale and the corresponding income is included within non-yield loan fee income. Gains and losses resulting from expected sales of mortgage loans are recognized when the respective loan contract is entered into between the borrower, Park, and the third-party investor. The fair value of Park’s mortgage interest rate lock commitments (IRLCs) is based on current secondary market pricing.

In connection with the sale of Park’s Class B Visa shares during 2009, Park entered into a swap agreement with the purchaser of the shares. The swap agreement adjusts for dilution in the conversion ratio of Class B Visa shares resulting from certain Visa litigation. At June 30, 2013, the fair value of the swap liability of $135,000 was an estimate of the exposure based upon probability-weighted potential Visa litigation losses and consideration of the Visa settlement agreement announced on July 13, 2012 to resolve the Federal Multi-District Interchange Litigation.

Note 14 – Loan Servicing

Park serviced sold mortgage loans of $1.35 billion at June 30, 2013, compared to $1.31 billion at December 31, 2012 and $1.29 billion at June 30, 2012. At June 30, 2013, $12.3 million of the sold mortgage loans were sold with recourse compared to $20.3 million at June 30, 2012. Management closely monitors the delinquency rates on the mortgage loans sold with recourse. At June 30, 2013, management had established a $265,000 reserve to account for future loan repurchases.

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When Park sells mortgage loans with servicing rights retained, servicing rights are initially recorded at fair value. Park selected the “amortization method” as permissible within U.S. GAAP, whereby the servicing rights capitalized are amortized in proportion to and over the period of estimated future servicing income of the underlying loan. At the end of each reporting period, the carrying value of mortgage servicing rights (“MSRs”) is assessed for impairment with a comparison to fair value. MSRs are carried at the lower of their amortized cost or fair value.

 Activity for MSRs and the related valuation allowance follows:

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2013			2012			2013			2012
Mortgage servicing rights:
Carrying amount, net, beginning of period	$	8,121		$	8,975		7,763			9,301
Additions	688			697			1,799			1,259
Amortization	(727		)	(817		)	(1,542		)	(1,705		)
Changes in valuation allowance	178			(46		)	240			(46		)
Carrying amount, net, end of period	$	8,260		$	8,809		$	8,260		$	8,809
Valuation allowance:
Beginning of period	$	2,262		$	1,021		2,324			1,021
Changes in valuation allowance	(178		)	46			(240		)	46
End of period	$	2,084		$	1,067		$	2,084		$	1,067

Servicing fees included in other service income were $0.9 million and $1.8 million for the three and six months ended June 30, 2013 and 2012, respectively.

Note 15 – Fair Value

The fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs that Park uses to measure fair value are as follows:

• Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that Park has the ability to access as of the measurement date.

• Level 2: Level 1 inputs for assets or liabilities that are not actively traded. Also consists of an observable market price for a similar asset or liability. This includes the use of “matrix pricing” to value debt securities absent the exclusive use of quoted prices.

• Level 3: Consists of unobservable inputs that are used to measure fair value when observable market inputs are not available. This could include the use of internally developed models, financial forecasting and similar inputs.

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability between market participants at the balance sheet date. When possible, the Company looks to active and observable markets to price identical assets or liabilities. When identical assets and liabilities are not traded in active markets, the Company looks to observable market data for similar assets and liabilities. However, certain assets and liabilities are not traded in observable markets and Park must use other valuation methods to develop a fair value. The fair value of impaired loans is typically based on the fair value of the underlying collateral, which is estimated through third-party appraisals or internal estimates of collateral values.

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Assets and Liabilities Measured at Fair Value on a Recurring Basis:

The following table presents assets and liabilities measured at fair value on a recurring basis:

Fair Value Measurements at June 30, 2013 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at June 30, 2013
Assets
Investment securities:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	—	$	594,732	$	—	$	594,732
Obligations of states and political subdivisions	—		809		—		809
U.S. Government sponsored entities’ asset-backed securities	—		449,282		—		449,282
Equity securities	1,757		—		795		2,552
Mortgage loans held for sale	—		13,138		—		13,138
Mortgage IRLCs	—		133		—		133
Liabilities
Fair value swap	$	—	$	—	$	135	$	135

Fair Value Measurements at December 31, 2012 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2012
Assets
Investment securities:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	—	$	695,727	$	—	$	695,727
Obligations of states and political subdivisions	—		1,003		—		1,003
U.S. Government sponsored entities’ asset-backed securities	—		415,502		—		415,502
Equity securities	1,442		—		780		2,222
Mortgage loans held for sale	—		25,743		—		25,743
Mortgage IRLCs	—		372		—		372
Liabilities
Fair value swap	$	—	$	—	$	135	$	135

There were no transfers between Level 1 and Level 2 during 2013 or 2012. Management’s policy is to transfer assets or liabilities from one level to another when the methodology to obtain the fair value changes such that there are more or fewer unobservable inputs as of the end of the reporting period.

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The following methods and assumptions were used by the Company in determining fair value of the financial assets and liabilities discussed above:

Investment securities: Fair values for investment securities are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments. The Fair Value Measurements tables exclude Park’s Federal Home Loan Bank stock and Federal Reserve Bank stock. These assets are carried at their respective redemption values, as it is not practicable to calculate their fair values. For securities where quoted prices or market prices of similar securities are not available, which include municipal securities, fair values are calculated using discounted cash flows.

Fair value swap: The fair value of the swap agreement entered into with the purchaser of the Visa Class B shares represents an internally developed estimate of the exposure based upon probability-weighted potential Visa litigation losses.

Mortgage Interest Rate Lock Commitments (IRLCs): IRLCs are based on current secondary market pricing and are classified as Level 2.

Mortgage loans held for sale: Mortgage loans held for sale are carried at their fair value. Mortgage loans held for sale are estimated using security prices for similar product types and, therefore, are classified in Level 2.

The table below is a reconciliation of the beginning and ending balances of the Level 3 inputs for the three and six months ended June 30, 2013 and 2012, for financial instruments measured on a recurring basis and classified as Level 3:

Level 3 Fair Value Measurements

Three months ended June 30, 2013 and 2012

(In thousands)	Equity Securities			Fair value swap
Balance, at April 1, 2013	$	776		$	(135	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	19			—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			—
Balance at June 30, 2013	$	795		$	(135	)
Balance, at April 1, 2012	$	756		$	(135	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	(18		)	—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			—
Balance at June 30, 2012	$	738		$	(135	)

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Level 3 Fair Value Measurements

Six months ended June 30, 2013 and 2012

(In thousands)	Equity Securities			Fair value swap
Balance, at January 1, 2013	$	780		$	(135	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	15			—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			—
Balance at June 30, 2013	$	795		$	(135	)
Balance, at January 1, 2012	$	763		$	(700	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	(25		)	—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			565
Balance at June 30, 2012	$	738		$	(135	)

Assets and liabilities measured at fair value on a nonrecurring basis:

The following methods and assumptions were used by the Company in determining the fair value of assets and liabilities measured at fair value on a nonrecurring basis described below:

Impaired Loans: At the time a loan is considered impaired, it is valued at the lower of cost or fair value. Impaired loans carried at fair value have been partially charged-off or receive specific allocations of the allowance for loan losses. For collateral dependent loans, fair value is generally based on real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments result in a Level 3 classification of the inputs for determining fair value. Collateral is then adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. Additionally, updated valuations are obtained annually for all impaired loans in accordance with Company policy.

Other Real Estate Owned (OREO): Assets acquired through or in lieu of loan foreclosure are initially recorded at fair value less costs to sell when acquired. The carrying value of OREO is not re-measured to fair value on a recurring basis, but is subject to fair value adjustments when the carrying value exceeds the fair value, less estimated selling costs. Fair value is based on recent real estate appraisals and is updated at least annually. These appraisals may utilize a single valuation approach or a combination of approaches including the comparable sales approach and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments result in a Level 3 classification of the inputs for determining fair value.

35

Appraisals for both collateral dependent impaired loans and OREO are performed by licensed appraisers. Appraisals are generally obtained to support the fair value of collateral. In general, there are two types of appraisals, real estate appraisals and lot development loan appraisals, received by the Company. These are discussed below:

• Real estate appraisals typically incorporate measures such as recent sales prices for comparable properties. Appraisers may make adjustments to the sales prices of the comparable properties as deemed appropriate based on the age, condition or general characteristics of the subject property. Management generally applies a 15% discount to real estate appraised values which management expects will cover all disposition costs (including selling costs). This 15% discount is based on historical discounts to appraised values on sold OREO properties.

• Lot development loan appraisals are typically performed using a discounted cash flow analysis. Appraisers determine an anticipated absorption period and a discount rate that takes into account an investor’s required rate of return based on recent comparable sales. Management generally applies a 6% discount to lot development appraised values, which is an additional discount above the net present value calculation included in the appraisal, to account for selling costs.

MSRs: MSRs are carried at the lower of cost or fair value. MSRs do not trade in active, open markets with readily observable prices. For example, sales of MSRs do occur, but precise terms and conditions typically are not readily available. As such, management, with the assistance of a third-party specialist, determines fair value based on the discounted value of the future cash flows estimated to be received. Significant inputs include the discount rate and assumed prepayment speeds utilized. The calculated fair value is then compared to market values where possible to ascertain the reasonableness of the valuation in relation to current market expectations for similar products. Accordingly, MSRs are classified as Level 2.

The following tables present assets and liabilities measured at fair value on a nonrecurring basis. Collateral dependent impaired loans are carried at fair value if they have been charged down to fair value or if a specific valuation allowance has been established. A new cost basis is established at the time a property is initially recorded in OREO. OREO properties are carried at fair value if a devaluation has been taken to the property's value subsequent to the initial measurement.

Fair Value Measurements at June 30, 2013 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at June 30, 2013
Impaired loans:
Commercial real estate	$	—	$	—	$	22,658	$	22,658
Construction real estate:
SEPH commercial land and development	—		—		9,074		9,074
Remaining commercial	—		—		8,280		8,280
Residential real estate	—		—		6,737		6,737
Total impaired loans	$	—	$	—	$	46,749	$	46,749
Mortgage servicing rights	$	—	$	5,755	$	—	$	5,755
OREO:
Commercial real estate	—		—		4,255		4,255
Construction real estate	—		—		9,972		9,972
Residential real estate	—		—		2,983		2,983
Total OREO	$	—	$	—	$	17,210	$	17,210

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Fair Value Measurements at December 31, 2012 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2012
Impaired loans:
Commercial real estate	$	—	$	—	$	25,997	$	25,997
Construction real estate:
SEPH commercial land and development	—		—		12,832		12,832
Remaining commercial	—		—		8,113		8,113
Residential real estate	—		—		6,990		6,990
Total impaired loans	$	—	$	—	$	53,932	$	53,932
Mortgage servicing rights	$	—	$	6,642	$	—	$	6,642
OREO:
Commercial real estate	—		—		3,485		3,485
Construction real estate	—		—		12,134		12,134
Residential real estate	—		—		4,307		4,307
Total OREO	$	—	$	—	$	19,926	$	19,926

Impaired loans had a book value of $126.1 million at June 30, 2013, after partial charge-offs of $96.8 million. Additionally, these impaired loans had a specific valuation allowance of $7.5 million. Of the $126.1 million impaired loan portfolio at June 30, 2013, loans with a book value of $51.0 million were carried at their fair value of $46.7 million, as a result of charge-offs of $83.4 million and a specific valuation allowance of $4.3 million. An additional specific valuation allowance of $3.2 million at June 30, 2013 related to loans which are not collateral dependent and are thus not included in the fair value table above. The remaining $75.1 million of impaired loans were carried at cost, as the fair value of the underlying collateral or present value of expected future cash flows on each of these loans exceeded the book value for each individual credit. At December 31, 2012, impaired loans had a book value of $137.2 million, after partial charge-offs of $105.1 million. Additionally, these impaired loans had a specific valuation allowance of $8.3 million. Of the $137.2 million impaired loan portfolio at December 31, 2012, loans with a book value of $59.0 million were carried at their fair value of $53.9 million as a result of partial charge-offs of $91.6 million and a specific valuation allowance for those loans carried at fair value of $5.1 million. An additional specific valuation allowance of $3.2 million at December 31, 2012 related to loans which are not collateral dependent and are thus not included in the fair value table above. The remaining $78.2 million of impaired loans at December 31, 2012 were carried at cost. The financial impact of credit adjustments related to impaired loans carried at fair value during the three months ended June 30, 2013 and 2012 was $(0.2) million and $4.4 million, respectively. The financial impact of credit adjustments related to impaired loans carried at fair value during the six months ended June 30, 2013 and 2012 was $2.1 million and $8.7 million, respectively.

MSRs, which are carried at the lower of cost or fair value, were recorded at $8.3 million at June 30, 2013. Of the $8.3 million MSR carrying balance at June 30, 2013, $5.8 million was recorded at fair value and included a valuation allowance of $2.1 million. The remaining $2.5 million was recorded at cost, as the fair value exceeded cost at June 30, 2013. At December 31, 2012, MSRs were recorded at $7.8 million, including a valuation allowance of $2.3 million. Expense related to MSRs carried at fair value during the three-month periods ended June 30, 2013 and 2012 was $(178,000) and $46,000, respectively. Expense related to MSRs carried at fair value during the six-month periods ended June 30, 2013 and 2012 was $(240,000) and $46,000, respectively.

At June 30, 2013 and December 31, 2012, the estimated fair value of OREO, less estimated selling costs, amounted to $17.2 million and $19.9 million, respectively. The financial impact of OREO fair value adjustments was $0.6 million and $2.6 million for the three-month periods ended June 30, 2013 and 2012, respectively, and was $0.2 million and $4.0 million for the six-month periods ended June 30, 2013 and 2012, respectively.

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The following tables present qualitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at June 30, 2013 and December 31, 2012:

June 30, 2013
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Impaired loans:
Commercial real estate	$	22,658	Sales comparison approach	Adj to comparables	0.0% - 111.0% (23.3%)
			Income approach	Capitalization rate	8.6% - 20.9% (9.7%)
			Cost approach	Accumulated depreciation	38.0% - 65.0% (53.0%)
Construction real estate:
SEPH commercial land and development	$	9,074	Sales comparison approach	Adj to comparables	0.0% - 218.0% (16.8%)
			Bulk sale approach	Discount rate	11.0% - 35.0% (17.1%)
Remaining commercial	$	8,280	Sales comparison approach	Adj to comparables	0.0% - 75.0% (23.7%)
			Bulk sale approach	Discount rate	11.0% - 35.0% (17.6%)
Residential real estate	$	6,737	Sales comparison approach	Adj to comparables	0.0% - 178.0% (15.9%)
			Income approach	Capitalization rate	7.8% - 10.5% (8.2%)
Other real estate owned:
Commercial real estate	$	4,255	Sales comparison approach	Adj to comparables	0.0% - 85.0% (34.1%)
			Income approach	Capitalization rate	8.5% - 11.5% (10.2%)
			Bulk sale approach	Discount rate	10.0% (10.0%)
			Cost approach	Accumulated depreciation	40.0% - 90.0% (65.0%)
Construction real estate	$	9,972	Sales comparison approach	Adj to comparables	0.0% - 312.0% (29.8%)
			Bulk sale approach	Discount rate	13.0% (13.0%)
Residential real estate	$	2,983	Sales comparison approach	Adj to comparables	0.0% - 173.7% (19.5%)
			Income approach	Capitalization rate	9.75% (9.75%)

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December 31, 2012
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Impaired loans:
Commercial real estate	$	25,997	Sales comparison approach	Adj to comparables	0.0% - 116.0% (22.3%)
			Income approach	Capitalization rate	7.5% - 20.9% (10.1%)
			Cost approach	Accumulated depreciation	23.0% - 63.0% (50.4%)
Construction real estate:
SEPH commercial land and development	$	12,832	Sales comparison approach	Adj to comparables	0.0% - 218.0% (31.9%)
			Bulk sale approach	Discount rate	11.0% - 55.0% (23.4%)
Remaining commercial	$	8,113	Sales comparison approach	Adj to comparables	0.0% - 75.0% (26.2%)
			Bulk sale approach	Discount rate	10.0% - 55.0% (18.3%)
Residential real estate	$	6,990	Sales comparison approach	Adj to comparables	0.0% - 178.0% (17.9%)
Other real estate owned:
Commercial real estate	$	3,485	Sales comparison approach	Adj to comparables	0.0% - 67.0% (25.8%)
			Income approach	Capitalization rate	11.0% (11.0%)
			Bulk sale approach	Discount rate	13.0% (13.0%)
			Cost approach	Accumulated depreciation	40.9% - 90.0% (65.0%)
Construction real estate	$	12,134	Sales comparison approach	Adj to comparables	0.0% - 273.0% (34.0%)
			Income approach	Capitalization rate	8.5% (8.5%)
			Bulk sale approach	Discount rate	10.0% - 12.0% (10.8%)
Residential real estate	$	4,307	Sales comparison approach	Adj to comparables	1.0% - 61.0% (18.0%)
			Income approach	Capitalization rate	7.9% - 9.3% (8.7%)
			Cost approach	Accumulated depreciation	6.0% (6.0%)

The following methods and assumptions were used by the Corporation in estimating its fair value disclosures for assets and liabilities not discussed above:

Cash and cash equivalents:The carrying amounts reported in the consolidated condensed balancesheets for cash and short-term instruments approximate those assets’ fair values.

Loans receivable:For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. The fair values for certain mortgage loans (e.g., one-to-four family residential) are based on quoted market prices of similar loans sold in conjunction with securitization transactions, adjusted for differences in loan characteristics. The fair values for other loans are estimated using discounted cash flow analyses, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality.

39

Off-balance sheet instruments:Fair values for the Corporation’s loan commitments and standby letters of credit are based on the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. The carrying amount and fair value are not material.

Deposit liabilities:The fair values disclosed for demand deposits (e.g., interest and non-interest checking, savings, and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). The carrying amounts for variable-rate, fixed-term certificates of deposit approximate their fair values at the reporting date. Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities of time deposits.

Short-term borrowings:The carrying amounts of federal funds purchased, borrowings under repurchase agreements and other short-term borrowings approximate their fair values.

Long-term debt:Fair values for long-term debt are estimated using a discounted cash flow calculation that applies interest rates currently being offered on long-term debt to a schedule of monthly maturities.

Subordinated debentures and notes:Fair values for subordinated debentures and notes are estimated using a discounted cash flow calculation that applies interest rate spreads currently being offered on similar debt structures to a schedule of monthly maturities.

The fair value of financial instruments at June 30, 2013 and December 31, 2012, was as follows:

	June 30, 2013
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	353,926	$	353,926	$	—	$	—	$	353,926
Investment securities	1,279,162		1,757		1,283,342		795		1,285,894
Accrued interest receivable - securities	4,719		—		4,719		—		4,719
Accrued interest receivable - loans	14,121		—		—		14,121		14,121
Mortgage loans held for sale	13,138		—		13,138		—		13,138
Mortgage IRLCs	133		—		133		—		133
Impaired loans carried at fair value	46,749		—		—		46,749		46,749
Other loans, net	4,395,585		—		—		4,424,036		4,424,036
Loans receivable, net	$	4,455,605	$	—	$	13,271	$	4,470,785	$	4,484,056
Financial liabilities:
Noninterest bearing checking accounts	$	1,095,454	$	1,095,454	$	—	$	—	$	1,095,454
Interest bearing transactions accounts	1,272,481		1,272,481		—		—		1,272,481
Savings accounts	1,093,804		1,093,804		—		—		1,093,804
Time deposits	1,385,469		—		1,392,678		—		1,392,678
Other	4,106		4,106		—		—		4,106
Total deposits	$	4,851,314	$	3,465,845	$	1,392,678	$	—	$	4,858,523
Short-term borrowings	$	223,489	$	—	$	223,489	$	—	$	223,489
Long-term debt	783,136		—		841,234		—		841,234
Subordinated debentures/notes	80,250		—		85,245		—		85,245
Accrued interest payable – deposits	1,754		26		1,728		—		1,754
Accrued interest payable – debt/borrowings	1,478		14		1,464		—		1,478
Derivative financial instruments:
Fair value swap	$	135	$	—	$	—	$	135	$	135

40

	December 31, 2012
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	201,305	$	201,305	$	—	$	—	$	201,305
Investment securities	1,515,844		1,442		1,522,937		780		1,525,159
Accrued interest receivable - securities	6,122		—		6,122		—		6,122
Accrued interest receivable - loans	13,588		—		2		13,586		13,588
Mortgage loans held for sale	25,743		—		25,743		—		25,743
Mortgage IRLCs	372		—		372		—		372
Impaired loans carried at fair value	53,932		—		—		53,932		53,932
Other loans, net	4,314,738		—		—		4,348,705		4,348,705
Loans receivable, net	$	4,394,785	$	—	$	26,115	$	4,402,637	$	4,428,752
Financial liabilities:
Noninterest bearing checking accounts	$	1,137,290	$	1,137,290	$	—	—		$	1,137,290
Interest bearing transactions accounts	1,088,617		1,088,617		—		—		1,088,617
Savings accounts	1,038,356		1,038,356		—		—		1,038,356
Time deposits	1,450,424		—		1,458,793		—		1,458,793
Other	1,345		1,345		—		—		1,345
Total deposits	$	4,716,032	$	3,265,608	$	1,458,793	$	—	$	4,724,401
Short-term borrowings	$	344,168	$	—	$	344,168	$	—	$	344,168
Long-term debt	781,658		—		861,466		—		861,466
Subordinated debentures/notes	80,250		—		79,503		—		79,503
Accrued interest payable – deposits	1,960		21		1,939		—		1,960
Accrued interest payable – debt/borrowings	1,499		8		1,491		—		1,499
Derivative financial instruments:
Fair value swap	$	135	$	—	$	—	$	135	$	135

Note 16 – Participation in the U.S. Treasury Capital Purchase Program (CPP)

On December 23, 2008, Park issued $100 million of Fixed-Rate Cumulative Perpetual Preferred Shares, Series A, with a liquidation preference of $1,000 per share (the “Series A Preferred Shares”), associated with Park's participation in the CPP.

On April 25, 2012, Park entered into a Letter Agreement with the U.S. Treasury pursuant to which Park repurchased the 100,000 Series A Preferred Shares for a purchase price of $100 million plus a pro rata accrued and unpaid dividend. Total consideration of $101.0 million included accrued and unpaid dividends of $1.0 million. In addition to the accrued and unpaid dividends of $1.0 million, the charge to retained earnings, resulting from the repurchase of the Series A Preferred Shares, was $1.6 million on April 25, 2012.

On May 2, 2012, Park entered into a Letter Agreement (the “Warrant Repurchase Letter Agreement”) pursuant to which Park repurchased from the U.S. Treasury the Warrant to purchase 227,376 Park common shares in full for consideration of $2.8 million, or $12.50 per Park common share.

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Note 17 – Other Comprehensive Income (Loss)

Other comprehensive income (loss) components, net of tax, are shown in the following table for the three-month and six-month periods ended June 30, 2013 and 2012:

(in thousands)		Changes in pension plan assets and benefit obligations			Unrealized gains and losses on available for sale securities			Unrealized net holding loss on cash flow hedge			Total
Beginning balance at December 31, 2012		$	(27,134	)	$	9,616		$	—		$	(17,518	)
	Other comprehensive loss before reclassifications	—			(22,916		)	—			(22,916		)
	Amounts reclassified from accumulated other comprehensive income	—			—			—			—
Net current period other comprehensive loss		—			(22,916		)	—			(22,916		)
Ending balance at June 30, 2013		$	(27,134	)	$	(13,300	)	$	—		$	(40,434	)
Beginning balance at December 31, 2011		$	(20,954	)	$	12,673		$	(550	)	$	(8,831	)
Net current period other comprehensive income (loss)		412			604			259			1,275
Ending balance at June 30, 2012		$	(20,542	)	$	13,277		$	(291	)	$	(7,556	)

(in thousands)		Changes in pension plan assets and benefit obligations			Unrealized gains and losses on available for sale securities			Unrealized net holding loss on cash flow hedge			Total
Beginning balance at March 31, 2013		$	(27,134	)	$	7,237		$	—		$	(19,897	)
	Other comprehensive loss before reclassifications	—			(20,537		)	—			(20,537		)
	Amounts reclassified from accumulated other comprehensive income	—			—			—			—
Net current period other comprehensive loss		—			(20,537		)	—			(20,537		)
Ending balance at June 30, 2013		$	(27,134	)	$	(13,300	)	$	—		$	(40,434	)
Beginning balance at March 31, 2012		$	(20,542	)	$	10,471		$	(437	)	$	(10,508	)
Net current period other comprehensive income (loss)		—			2,806			146			2,952
Ending balance at June 30, 2012		$	(20,542	)	$	13,277		$	(291	)	$	(7,556	)

During the three-month and six-month periods ended June 30, 2013, there were no reclassifications out of accumulated other comprehensive income.

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ITEM 2 – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL

CONDITION AND RESULTS OF OPERATIONS

Management’s discussion and analysis (“MD&A”) contains forward-looking statements that are provided to assist in the understanding of anticipated future financial performance. Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance.  The forward-looking statements are based on management’s expectations and are subject to a number of risks and uncertainties.  Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements.  Risks and uncertainties that could cause actual results to differ materially include, without limitation: Park's ability to execute its business plan successfully and within the expected timeframe; general economic and financial market conditions, and the uneven spread of positive impacts of the recovery on the economy, specifically in the real estate market and the credit market, either nationally or in the states in which Park and its subsidiaries do business, may be worse or slower than expected which could adversely impact the demand for loan, deposit and other financial services as well as loan delinquencies and defaults; changes in interest rates and prices may adversely impact the value of securities, loans, deposits and other financial instruments and the interest rate sensitivity of our consolidated balance sheet; changes in consumer spending, borrowing and saving habits; changes in unemployment; asset/liability repricing risks and liquidity risks; our liquidity requirements could be adversely affected by changes to regulations governing bank capital and liquidity standards as well as by changes in our assets and liabilities; competitive factors among financial services organizations increase significantly, including product and pricing pressures and our ability to attract, develop and retain qualified bank professionals; the nature, timing and effect of changes in banking regulations or other regulatory or legislative requirements affecting the respective businesses of Park and its subsidiaries, including changes in laws and regulations concerning taxes, accounting, banking, securities and other aspects of the financial services industry, specifically the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”), as well as future regulations which will be adopted by the relevant regulatory agencies, including the Consumer Financial Protection Bureau, to implement the Dodd-Frank Act's provisions, the Budget Control Act of 2011 and the American Taxpayer Relief Act of 2012; the effect of changes in accounting policies and practices, as may be adopted by the Financial Accounting Standards Board, the SEC, the Public Company Accounting Oversight Board and other regulatory agencies, and the accuracy of our assumptions and estimates used to prepare our financial statements; the effect of fiscal and governmental policies of the United States federal government; adequacy of our risk management program; a failure in or breach of our operational or security systems or infrastructure, or those of our third-party vendors and other service providers, including as a result of cyber attacks; demand for loans in the respective market areas served by Park and its subsidiaries; and other risk factors relating to the banking industry as detailed from time to time in Park's reports filed with the Securities and Exchange Commission including those described in "Item 1A. Risk Factors" of Part I of Park's Annual Report on Form 10-K for the fiscal year ended December 31, 2012. Park does not undertake, and specifically disclaims any obligation, to publicly release the results of any revisions that may be made to update any forward-looking statement to reflect the events or circumstances after the date on which the forward-looking statement was made, or reflect the occurrence of unanticipated events, except to the extent required by law.

Critical Accounting Policies

Note 1 of the Notes to Consolidated Financial Statements included in Park’s 2012 Annual Report to Shareholders the ("2012 Annual Report”) lists significant accounting policies used in the development and presentation of Park’s consolidated financial statements. The accounting and reporting policies of Park conform with U.S. generally accepted accounting principles (U.S. GAAP) and general practices within the financial services industry. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the accompanying notes. Actual results could differ from those estimates.

Park believes the determination of the allowance for loan losses involves a higher degree of judgment and complexity than its other significant accounting policies. The allowance for loan losses is calculated with the objective of maintaining a reserve level believed by management to be sufficient to absorb probable incurred credit losses in the loan portfolio. Management’s determination of the adequacy of the allowance for loan losses is based on periodic evaluations of the loan portfolio and of current economic conditions. However, this evaluation has subjective components requiring material estimates, including expected default probabilities, the loss given default, the amounts and timing of expected future cash flows on impaired loans, and estimated losses on consumer loans and residential mortgage loans based on historical loss experience and current economic conditions. All of these factors may be susceptible to significant change. To the extent that actual results differ from management estimates, additional loan loss provisions may be required that would adversely impact earnings in future periods. (Refer to the “Credit Metrics and Provision for (Recovery of) Loan Losses” section within this MD&A for additional discussion.)

43

Other real estate owned (“OREO”), property acquired through foreclosure, is recorded at estimated fair value less anticipated selling costs (net realizable value). If the net realizable value is below the carrying value of the loan on the date of transfer, the difference is charged to the allowance for loan losses. Subsequent declines in value, OREO devaluations, are reported as adjustments to the carrying amount of OREO and are expensed within other income. Gains or losses not previously recognized, resulting from the sale of OREO, are recognized in other income on the date of sale. OREO totaled $35.7 million at both June 30, 2013 and December 31, 2012.

U.S. GAAP requires management to establish a fair value hierarchy, which has the objective of maximizing the use of observable market inputs. U.S. GAAP also requires enhanced disclosures regarding the inputs used to calculate fair value. These are classified as Level 1, 2, and 3. Level 3 inputs are those with significant unobservable inputs that reflect a company’s own assumptions about the market for a particular instrument. Some of these inputs could be based on internal models and cash flow analysis. The large majority of Park’s assets whose fair value is determined using Level 2 inputs consists of available-for-sale (“AFS”) securities. The fair value of these AFS securities is obtained largely through the use of matrix pricing, which is a mathematical technique widely used in the financial services industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities. Please see Note 15- Fair Value of the Notes to Unaudited Consolidated Condensed Financial Statements in this Quarterly Report on Form 10-Q for additional information on fair value.

Management believes that the accounting for goodwill and other intangible assets also involves a higher degree of judgment than most other significant accounting policies. U.S. GAAP establishes standards for the amortization of acquired intangible assets and the impairment assessment of goodwill. Goodwill arising from business combinations represents the value attributable to unidentifiable intangible assets in the business acquired. Park’s goodwill relates to the value inherent in the banking industry and that value is dependent upon the ability of Park’s Ohio-based banking subsidiary, The Park National Bank (“PNB”) to provide quality, cost-effective banking services in a competitive marketplace. The goodwill value is supported by revenue that is in part driven by the volume of business transacted. A decrease in earnings resulting from a decline in the customer base, the inability to deliver cost-effective services over sustained periods or significant credit problems can lead to impairment of goodwill that could adversely impact earnings in future periods. U.S. GAAP requires an annual evaluation of goodwill for impairment, or more frequently if events or changes in circumstances indicate that the asset might be impaired. Park’s most recent evaluation was completed during the second quarter of 2013 and resulted in no impairment of goodwill. The fair value of the goodwill, which resides on the books of PNB, is estimated by reviewing the past and projected operating results for PNB, deposit and loan totals for PNB and banking industry comparable information. Please see Note 4 – Goodwill and Intangible Assets of the Notes to Unaudited Consolidated Condensed Financial Statements in this Quarterly Report on Form 10-Q for additional information on intangible assets.

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Comparison of Results of Operations

For the Three and Six Months Ended June 30, 2013 and 2012

Summary Discussion of Results

Net income for the three months ended June 30, 2013 was $20.0 million, compared to $18.9 million for the second quarter of 2012. Net income available to common shareholders was $20.0 million for the second quarter of 2013, compared to $16.9 million (which is net of preferred share dividends and accretion) for the three months ended June 30, 2012. Preferred share dividends and the related accretion of the discount on the preferred shares, pertaining to the Fixed Rate Cumulative Perpetual Preferred Shares, Series A, each without par value and with a liquidation preference of $1,000 per share (the “Series A Preferred Shares”) issued to the U.S. Treasury on December 23, 2008, was $1.95 million for the second quarter in 2012. On April 25, 2012, Park repurchased the $100 million in Series A Preferred Shares issued to the U.S. Treasury as part of the Capital Purchase Program. As a result of this repurchase, Park recorded a charge to retained earnings and a corresponding reduction to net income available to common shareholders of $1.6 million for the three-month and six-month periods ended June 30, 2012.

Diluted earnings per common share were $1.30 for the second quarter of 2013, compared to $1.10 for the second quarter of 2012. Weighted average diluted common shares outstanding were 15,411,981 for the three months ended June 30, 2013, compared to 15,405,902 diluted common shares for the second quarter of 2012.

Net income for the six months ended June 30, 2013 was $40.7 million, compared to $50.4 million for the first half of 2012. Net income available to common shareholders was $40.7 million for the first half of 2013, compared to $46.9 million (which is net of preferred share dividends and accretion) for the six months ended June 30, 2012. Preferred share dividends and the related accretion of the discount on the Series A Preferred Shares, was $3.4 million for the six months ended June 30, 2012.

Net income and net income available to common shareholders for the six months ended June 30, 2012 included a gain of $22.2 million ($14.4 million after-tax) from the sale of substantially all of the performing loans, operating assets and the liabilities of Vision Bank ("Vision"). Excluding the gain on sale of the Vision business, net income and net income available to common shareholders was $36.0 million and $32.5 million, respectively, for the six months ended June 30, 2012.

Diluted earnings per common share were $2.64 for the first half of 2013, compared to $3.05 for the first half of 2012. Excluding the gain on sale of the Vision business in the first half of 2012, diluted earnings per common share were $2.11. Weighted average diluted common shares outstanding were 15,411,986 for the six months ended June 30, 2013, compared to 15,409,690 diluted common shares for the first half of 2012.

Projection of Fiscal 2013 Results

The information below begins with Park's projected consolidated pre-tax, pre-provision income and incorporates a projected range for provision for loan losses, income before income tax, income taxes and net income for Park on a consolidated basis in 2013.

(In thousands)	Original projection for 2013				50% of midpoint		Six months YTD 2013		Current projection for 2013
Pre-tax, pre-provision income	$	113,000	$	131,000	$	61,000	$	55,600	$	108,000	$	114,000
Provision for loan losses	20,000		15,000		8,750		1,002		10,000		6,000
Income before income tax	$	93,000	$	116,000	$	52,250	$	54,598	$	98,000	$	108,000
Federal income taxes	23,250		30,160		13,353		13,854		24,300		27,600
Net income	$	69,750	$	85,840	$	38,897	$	40,744	$	73,700	$	80,400

The decline in the current projections of pre-tax, pre-provision income (from management's original projection) results from the continued low interest rate environment, resulting in lower than previously projected net interest income. Conversely, management currently projects that the provision for loan losses will be lower than originally projected as a result of positive credit experience at both The Park National Bank ("PNB") and SE Property Holdings, LLC ("SEPH"). See detailed segment information below.

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First half of 2013 - Financial Results by Segment

The table below reflects the net income (loss) by segment for the first and second quarters of 2013, for the first half of 2013, for the first half of 2012 and results for each of the fiscal years ended December 31, 2012 and 2011. Park's segments include PNB, Guardian Financial Services Company (“GFSC”), SEPH and "All Other" which primarily consists of Park as the "Parent Company."

(In thousands)	Q2 2013			Q1 2013			Six months YTD 2013			Six months YTD 2012		2012			2011
PNB	$	20,322		$	19,940		$	40,262		$	45,044	$	87,106		$	106,851
GFSC	790			740			1,530			1,715		3,550			2,721
Park Parent Company	191			132			323			183		195			(1,595		)
Ongoing operations	$	21,303		$	20,812		$	42,115		$	46,942	$	90,851		$	107,977
Vision Bank	—			—			—			—		—			(22,526		)
SEPH	(1,269		)	(102		)	(1,371		)	3,419		(12,221		)	(3,311		)
Total Park	$	20,034		$	20,710		$	40,744		$	50,361	$	78,630		$	82,140

The “Park Parent Company” above excludes the results for SEPH, an entity which is winding down commensurate with the disposition of its problem assets. Management considers the “Ongoing operations” results to be reflective of the business of Park and its subsidiaries on a going forward basis. The discussion below provides some additional information regarding the segments that make up the “Ongoing operations”, followed by additional information on SEPH.

Vision merged with and into SEPH, a non-bank subsidiary of Park, following the sale of the Vision business to Centennial Bank (“Centennial”) on February 16, 2012. The sale of the Vision business in the first quarter of 2012 resulted in a pre-tax gain of $22.2 million ($14.4 million after-tax), which is included in the six months year-to-date 2012 SEPH results presented in the table above. SEPH holds the remaining assets and liabilities retained by Vision subsequent to the sale. SEPH assets consist primarily of performing and nonperforming loans and other real estate owned (“OREO”). This segment represents a run-off portfolio of the legacy Vision assets.

The Park National Bank (PNB)

The table below reflects the results for PNB for the first and second quarters of 2013, for the first half of 2013, for the first half of 2012 and for each of the fiscal years ended December 31, 2012 and 2011.

(In thousands)	Q2 2013		Q1 2013		Six months YTD 2013		Six months YTD 2012		2012		2011
Net interest income	$	51,736	$	52,735	$	104,471	$	111,868	$	221,758	$	236,282
Provision for loan losses	2,122		3,130		5,252		8,428		16,678		30,220
Fee income	18,536		17,872		36,408		34,361		70,739		67,348
Security gains	—		—		—		—		—		23,634
Total other expense	40,408		40,324		80,732		75,316		156,516		146,235
Income before income taxes	$	27,742	$	27,153	$	54,895	$	62,485	$	119,303	$	150,809
Federal income taxes	7,420		7,213		14,633		17,441		32,197		43,958
Net income	$	20,322	$	19,940	$	40,262	$	45,044	$	87,106	$	106,851
Net income excluding security gains	$	20,322	$	19,940	$	40,262	$	45,044	$	87,106	$	91,489

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The table below provides certain balance sheet information and financial ratios for PNB as of and for the six-months ended June 30, 2013, as of and for the year ended December 31, 2012 and as of and for the six-months ended June 30, 2012.

(In thousands)	June 30, 2013			Dec. 31, 2012			June 30, 2012			% change from 12/31/12		% change from 6/30/12
Loans	$	4,441,617		$	4,369,173		$	4,281,430		1.66	%	3.74	%
Allowance for loan losses	52,694			53,131			56,288			(0.82	)%	(6.39	)%
Net loans	4,388,923			4,316,042			4,225,142			1.69	%	3.88	%
Investment Securities	1,342,868			1,579,889			1,686,475			(15.00	)%	(20.37	)%
Total assets	6,519,766			6,502,579			6,535,709			0.26	%	(0.24	)%
Average assets (YTD)	6,548,261			6,532,683			6,491,751			0.24	%	0.87	%
Deposits	4,943,735			4,814,107			4,917,327			2.69	%	0.54	%
Return on average assets *	1.24		%	1.33		%	1.40		%	(6.77	)%	(11.43	)%
* Annualized for the six months ended June 30, 2013 and 2012.

Through the first six months of 2013, loan balances increased by $72.4 million, or an annualized 3.34%. Loans outstanding at June 30, 2013 of $4.44 billion represented an increase of $160 million, or 3.74%, compared to the loans outstanding of $4.28 billion at June 30, 2012. The $160 million increase in loans experienced at PNB over the last twelve months is related to continued growth in PNB's retained mortgage loan portfolio of approximately $58 million, growth in the consumer loan portfolio of approximately $56 million and increases in the commercial loan portfolio of approximately $46 million.

As noted above, PNB's allowance for loan losses has declined by $437,000, or 0.82%, to $52.7 million at June 30, 2013, compared to $53.1 million at December 31, 2012. The small decline in PNB's allowance for loan losses is due to continued improvement in the credit metrics across the PNB loan portfolio. Refer to the “Credit Metrics and Provision for (Recovery of) Loan Losses” section below for additional information regarding the improvements in the credit metrics of PNB's loan portfolio.

PNB's investment securities portfolio has declined by $237.0 million, or 15.0%, over the course of the 2013 year, as PNB made a decision not to reinvest cash received from prepayments on certain of the investments in the securities portfolio. PNB's investment securities portfolio had a balance of $1.34 billion at June 30, 2013, compared to $1.58 billion and $1.69 billion at December 31, 2012 and June 30, 2012, respectively. Rather than re-investing these funds into investment securities with longer duration in the current low interest rate environment, PNB had $235.0 million in federal funds sold at June 30, 2013, compared to $36.9 million and $74.0 million of federal funds sold at December 31, 2012 and June 30, 2012, respectively.

Guardian Financial Services Company (GFSC)

The table below reflects the results for GFSC for the first and second quarters of 2013, for the first half of 2013, for the first half of 2012 and for each of the fiscal years ended December 31, 2012 and 2011.

(In thousands)	Q2 2013			Q1 2013		Six months YTD 2013			Six months YTD 2012		2012		2011
Net interest income	$	2,238		$	2,133	$	4,371		$	4,516	$	9,156	$	8,693
Provision for loan losses	210			210		420			450		859		2,000
Fee income	(3		)	2		(1		)	—		—		—
Total other expense	810			786		1,596			1,427		2,835		2,506
Income before income taxes	$	1,215		$	1,139	$	2,354		$	2,639	$	5,462	$	4,187
Federal income taxes	425			399		824			924		1,912		1,466
Net income	$	790		$	740	$	1,530		$	1,715	$	3,550	$	2,721

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The table below provides certain balance sheet information and financial ratios for GFSC as of and for the six-months ended June 30, 2013, as of and for the year ended December 31, 2012 and as of and for the six-months ended June 30, 2012.

(In thousands)	June 30, 2013			Dec. 31, 2012			June 30, 2012			% change from 12/31/12		% change from 6/30/12
Loans	$	50,194		$	50,082		$	49,160		0.22	%	2.10	%
Allowance for loan losses	2,417			2,406			2,407			0.46	%	0.42	%
Net loans	47,777			47,676			46,753			0.21	%	2.19	%
Total assets	50,307			49,926			48,763			0.76	%	3.17	%
Average assets (YTD)	49,438			48,381			47,032			2.18	%	5.12	%
Return on average assets *	6.24		%	7.34		%	7.33		%	(14.99	)%	(14.87	)%
* Annualized for the six months ended June 30, 2013 and 2012.

Park Parent Company

The table below reflects the results for Park's Parent Company for the first and second quarters of 2013, for the first half of 2013, for the first half of 2012 and for each of the fiscal years ended December 31, 2012 and 2011.

(In thousands)	Q2 2013			Q1 2013			Six months YTD 2013			Six months YTD 2012			2012			2011
Net interest income	$	1,085		$	1,240		$	2,325		$	2,539		$	4,742		$	2,155
Provision for loan losses	—			—			—			—			—			—
Fee income	120			100			220			151			233			350
Total other expense	1,443			1,644			3,087			3,367			6,585			7,115
Loss before income taxes	$	(238	)	$	(304	)	$	(542	)	$	(677	)	$	(1,610	)	$	(4,610	)
Federal income tax (benefit)	(429		)	(436		)	(865		)	(860		)	(1,805		)	(3,015		)
Net income (loss)	$	191		$	132		$	323		$	183		$	195		$	(1,595	)

The net interest income for Park's parent company includes interest income on loans to SEPH and on subordinated debt investments in PNB, which are eliminated in the consolidated Park National Corporation totals. Additionally, net interest income includes interest expense related to the $35.3 million and $30.0 million of subordinated notes issued by Park to accredited investors in December 2009 and April 2012, respectively.

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SEPH / Vision Bank

The table below reflects the results for SEPH for the first and second quarters of 2013, for the first half of 2013 and the first half of 2012. Also included below are the results for SEPH for the fiscal years ended December 31, 2012 and 2011. SEPH was formed in March 2011. Prior to holding the remaining Vision assets, SEPH held OREO assets that were transferred from Vision to SEPH. Also included below are the results for Vision for the fiscal year ended December 31, 2011.

(In thousands)	Q2 2013			Q1 2013			Six months YTD 2013			Six months YTD 2012			SEPH 2012			SEPH 2011			Vision 2011
Net interest income (expense)	$	(347	)	$	(655	)	$	(1,002	)	$	1,485		$	(341	)	$	(974	)	$	27,078
(Recovery of) Provision for loan losses	(1,659		)	(3,011		)	(4,670		)	4,698			17,882			—			31,052
Fee income	645			831			1,476			449			(736		)	(3,039		)	1,422
Security gains	—			—			—			—			—			—			5,195
Gain on sale of Vision business	—			—			—			22,167			22,167			—			—
Total other expense	3,909			3,344			7,253			14,164			22,032			1,082			31,379
Income (loss) before income taxes	$	(1,952	)	$	(157	)	$	(2,109	)	$	5,239		$	(18,824	)	$	(5,095	)	$	(28,736	)
Federal income taxes (benefit)	(683		)	(55		)	(738		)	1,820			(6,603		)	(1,784		)	(6,210		)
Net income (loss)	$	(1,269	)	$	(102	)	$	(1,371	)	$	3,419		$	(12,221	)	$	(3,311	)	$	(22,526	)
Net income (loss) excluding gains	$	(1,269	)	$	(102	)	$	(1,371	)	$	(10,990	)	$	(26,630	)	$	(3,311	)	$	(25,903	)

SEPH financial results for the first six months of 2013 included net recoveries of $4.7 million. The net recoveries during the first half consisted of charge-offs of $1.4 million, offset by recoveries of $6.1 million. Fee income in the first six months of 2013 at SEPH of $1.5 million was primarily related to gains on the sale of OREO of $1.3 million and OREO valuation adjustments of $195,000.

On February 16, 2012, when Vision merged with and into SEPH, the loans then held by Vision were transferred to SEPH by operation of law at their fair value and no allowance for loan loss is carried at SEPH. The loans included in both the performing and nonperforming portfolios have been charged down to their fair value. The table below provides additional information regarding charge-offs with respect to these loans as a percentage of the unpaid principal balance, as of June 30, 2013:

SEPH - Retained Vision Loan Portfolio
(In thousands)	Unpaid Principal Balance		Aggregate Charge-Offs		Net Book Balance		Charge-off Percentage
Nonperforming loans - retained by SEPH	$	104,902	$	61,686	$	43,216	58.80	%
Performing loans - retained by SEPH	3,402		208		3,194		6.11	%
Total SEPH loan exposure	$	108,304	$	61,894	$	46,410	57.15	%

The table below provides an overview of SEPH loans and OREO, representing the legacy Vision assets. This information is provided as of June 30, 2013 and March 31, 2013, showing the decline in legacy Vision assets at SEPH over the past quarter.

(In thousands)	SEPH 06/30/13		SEPH 03/31/13		Change from last quarter
Nonperforming loans - retained by SEPH	$	43,216	$	48,293	$	(5,077	)
OREO - retained by SEPH	21,389		21,705		(316		)
Total nonperforming assets	$	64,605	$	69,998	$	(5,393	)
Performing loans - retained by SEPH	$	3,194	$	3,261	$	(67	)
Total SEPH - Legacy Vision assets	$	67,799	$	73,259	$	(5,460	)

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Park National Corporation

The table below reflects the results for Park on a consolidated basis for the first and second quarters of 2013, for the first half of 2013, for the first half of 2012 and for each of the fiscal years ended December 31, 2012 and 2011.

(In thousands)	Q2 2013		Q1 2013		Six months YTD 2013		Six months YTD 2012		2012		2011
Net interest income	$	54,712	$	55,453	$	110,165	$	120,408	$	235,315	$	273,234
Provision for loan losses	673		329		1,002		13,576		35,419		63,272
Fee income	19,298		18,805		38,103		34,961		70,236		66,081
Security gains	—		—		—		—		—		28,829
Gain on sale of Vision business	—		—		—		22,167		22,167		—
Total other expense	46,570		46,098		92,668		94,274		187,968		188,317
Income before income taxes	$	26,767	$	27,831	$	54,598	$	69,686	$	104,331	$	116,555
Federal income taxes	6,733		7,121		13,854		19,325		25,701		34,415
Net income	$	20,034	$	20,710	$	40,744	$	50,361	$	78,630	$	82,140
Net income excluding gains (1)	$	20,034	$	20,710	$	40,744	$	35,952	$	64,221	$	63,401

(1) Excludes the gain on sale of the Vision business for the year ended December 31, 2012 and the security gains for the year ended December 31, 2011.

Net Interest Income Comparison for the Second Quarter of 2013 and 2012

Park’s principal source of earnings is net interest income, the difference between total interest income and total interest expense. Net interest income results from average balances outstanding for interest earning assets and interest bearing liabilities in conjunction with the average rates earned and paid on them. Net interest income decreased by $4.0 million, or 6.8%, to $54.7 million for the second quarter of 2013, compared to $58.7 million for the second quarter of 2012. The $4.0 million decrease was primarily due to the continued low interest rate environment.

The following table compares the average balance and tax equivalent yield on interest earning assets and the average balance and cost of interest bearing liabilities for the second quarter of 2013 with the same quarter in 2012.

	Three months ended  June 30, 2013				Three months ended  June 30, 2012
(In thousands)	Average balance		Tax equivalent %		Average balance		Tax  equivalent %
Loans	$	4,484,161	5.08	%	$	4,353,181	5.36	%
Taxable investments	1,302,287		2.67	%	1,685,019		3.29	%
Tax exempt investments	1,390		7.09	%	3,743		7.05	%
Money market instruments	324,783		0.25	%	92,854		0.25	%
Interest earning assets	$	6,112,621	4.31	%	$	6,134,797	4.71	%
Interest bearing deposits	$	3,738,039	0.36	%	$	3,761,781	0.51	%
Short-term borrowings	232,156		0.23	%	237,181		0.28	%
Long-term debt	863,676		3.28	%	918,932		3.47	%
Interest bearing liabilities	$	4,833,871	0.88	%	$	4,917,894	1.05	%
Excess interest earning assets	$	1,278,750			$	1,216,903
Net interest spread			3.43	%			3.66	%
Net interest margin			3.61	%			3.87	%

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Average interest earning assets for the second quarter of 2013 decreased by $22.2 million or 0.4% to $6,113 million, compared to $6,135 million for the second quarter of 2012. The average yield on interest earning assets decreased by 40 basis points to 4.31% for the second quarter of 2013, compared to 4.71% for the second quarter of 2012. While the low interest rate environment has contributed to the decline in the average yield on interest earning assets, Park's decision not to reinvest cash received from prepayments on certain of the investments in the investment securities portfolio has also had a significant impact. Rather than reinvesting these funds into investment securities with longer duration in the current low interest rate environment, Park had an average federal funds sold balance of $324.8 million for the three months ended June 30, 2013, compared to an average federal funds sold balance of $92.9 million for the three months ended June 30, 2012.

Average interest bearing liabilities for the second quarter of 2013 decreased by $84.0 million or 1.7% to $4,834 million, compared to $4,918 million for the second quarter of 2012. The average cost of interest bearing liabilities decreased by 17 basis points to 0.88% for the second quarter of 2013, compared to 1.05% for the second quarter of 2012.

Loans, Investments, Deposits and Borrowings

Average loan balances increased by $131 million, or 3.0%, to $4,484 million for the three months ended June 30, 2013, compared to $4,353 million for the second quarter of 2012. Period end loan balances as of June 30, 2013 and 2012 were $4,511 million and $4,387 million, respectively. The average yield on the loan portfolio decreased by 28 basis points to 5.08% for the second quarter of 2013, compared to 5.36% for the second quarter of 2012. The decrease in the average yield on the loan portfolio was primarily due to interest rate changes associated with the variable rate portion of the loan portfolio and management's decision to continue to retain 15-year, fixed-rate mortgage loans on the balance sheet.

Park's total loans outstanding at June 30, 2013 were $4,511 million, compared to $4,450 million at December 31, 2012, an increase of $61 million, or an annualized 2.7%. Loan balances at Park's Ohio-based bank subsidiary, PNB, have increased by $73 million to $4,442 million at June 30, 2013, compared to $4,369 million at December 31, 2012.

The average balance of taxable investment securities decreased by $383 million, or 22.7%, to $1,302 million for the second quarter of 2013, compared to $1,685 million for the second quarter of 2012. The average yield on taxable investment securities declined by 62 basis points to 2.67% for the second quarter of 2013, compared to 3.29% for the second quarter of 2012. As previously discussed, the decline in the average balance of investment securities is due to management's decision to not re-invest cash into investment securities with longer duration in the current low interest rate environment.

The average balance of tax exempt investment securities decreased by $2.3 million, or 62.2%, to $1.4 million for the second quarter of 2013, compared to $3.7 million for the second quarter of 2012. The tax equivalent yield on tax exempt investment securities was 7.09% for the second quarter of 2013 and 7.05% for the second quarter of 2012. Park has not purchased any tax exempt investment securities for the past several quarters.

The average balance of money market instruments increased by $231.9 million to $324.8 million for the second quarter of 2013, compared to $92.9 million for the second quarter of 2012. The average yield on money market instruments was 0.25% for both periods.

The amortized cost of total investment securities was $1,366 million at June 30, 2013, compared to $1,567 million at December 31, 2012. At June 30, 2013, the tax equivalent yield on Park’s investment portfolio was 2.52% and the remaining average life was estimated to be 5.4 years.

Average interest bearing deposit accounts decreased by $24 million or 0.6% to $3,738 million for the second quarter of 2013, compared to $3,762 million for the second quarter of 2012. The average interest rate paid on interest bearing deposits decreased by 15 basis points to 0.36% for the second quarter of 2013, compared to 0.51% for the second quarter last year.

Average total borrowings were $1,096 million for the three months ended June 30, 2013, compared to $1,156 million for the second quarter of 2012, a decrease of $60 million or 5.2%. The average interest rate paid on total borrowings was 2.64% for the second quarter of 2013, compared to 2.81% for the second quarter of 2012.

Net interest spread (the difference between the tax equivalent yield on interest earning assets and the cost of interest bearing liabilities) decreased by 23 basis points to 3.43% for the second quarter of 2013, compared to 3.66% for the second quarter last year. Net interest margin (the annualized tax equivalent net interest income divided by average interest earning assets) declined by 26 basis points to 3.61% for the second quarter of 2013, compared to 3.87% for the second quarter of 2012.

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Net Interest Income Comparison for the First Half of 2013 and 2012

Net interest income decreased by $10.2 million, or 8.5%, to $110.2 million for the first six months of 2013, compared to $120.4 million for the same period of 2012. The $10.2 million decrease was due to the sale of the Vision business during the first quarter of 2012 and the continued low interest rate environment. Net interest income (expense) for SEPH/Vision for the six months ended June 30, 2013 and 2012 was $(1.0 million) and $1.5 million, respectively.

The following table compares the average balance and tax equivalent yield on interest earning assets and the average balance and cost of interest bearing liabilities for the first half of 2013 with the same period in 2012.

	Six months ended June 30, 2013				Six months ended June 30, 2012
(In thousands)	Average balance		Tax equivalent %		Average balance		Tax  equivalent %
Loans (1)	$	4,461,361	5.10	%	$	4,419,128	5.44	%
Taxable investments	1,363,753		2.80	%	1,662,397		3.31	%
Tax exempt investments	1,430		7.12	%	3,893		7.05	%
Money market instruments	292,433		0.25	%	130,867		0.25	%
Interest earning assets	$	6,118,977	4.36	%	$	6,216,285	4.76	%
Interest bearing deposits (2)	$	3,742,810	0.37	%	$	3,826,632	0.53	%
Short-term borrowings	238,888		0.23	%	239,255		0.28	%
Long-term debt	863,146		3.29	%	908,315		3.42	%
Interest bearing liabilities	$	4,844,844	0.89	%	$	4,974,202	1.05	%
Excess interest earning assets	$	1,274,133			$	1,242,083
Net interest spread			3.47	%			3.71	%
Net interest margin			3.66	%			3.92	%

(1) For purposes of the computation, nonaccrual loans and Vision loans held for sale through February 16, 2012 are included in the average balance. Vision loans sold to Centennial on February 16, 2012 totaled approximately $356 million.

(2) For purposes of the computation, interest bearing deposits held by Vision through February 16, 2012 are included in the average balance. Vision deposits assumed by Centennial on February 16, 2012 totaled approximately $523 million.

Average interest earning assets for the first six months of 2013 decreased by $97 million or 1.6% to $6,119 million, compared to $6,216 million for the first six months of 2012. The average yield on interest earning assets decreased by 40 basis points to 4.36% for the first six months of 2013, compared to 4.76% for the first six months of 2012.

Average loans increased by $42 million or 1.0% to $4,461 million for the first half of 2013, compared to $4,419 million for the same period in 2012. The average yield on loans was 5.10% for the first half of 2013, compared to 5.44% for the same period in 2012.

Average investment securities, including money market instruments, were $1,658 million for the first six months of 2013, compared to $1,797 million for the first half of 2012. The average yield on taxable investment securities was 2.80% for the first half of 2013 and 3.31% for the first half of 2012 and the average tax equivalent yield on tax exempt securities was 7.12% in 2013 and 7.05% in 2012.

Average interest bearing liabilities decreased by $129 million or 2.6% to $4,845 million for the first half of 2013, compared to $4,974 million for the same period in 2012. The average cost of interest bearing liabilities was 0.89% for the first half of 2013, compared to 1.05% for the first six months of 2012.

Average interest bearing deposits decreased by $84 million or 2.2% to $3,743 million for the first six months of 2013, compared to $3,827 million for the first half of 2012. The average interest rate paid on interest bearing deposit accounts was 0.37% for the first half of 2013, compared to 0.53% for the first half of 2012.

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Average total borrowings were $1,102 million for the first half of 2013, compared to $1,148 million for the first six months of 2012. The average interest rate paid on borrowings was 2.63% for the first half of 2013, compared to 2.77% for the same period in 2012.

The net interest spread was 3.47% for the first half of 2013 and 3.71% for the first half of 2012. The net interest margin decreased by 26 basis points to 3.66% for the six months ended June 30, 2013, compared to 3.92% for the first six months of 2012.

The following table displays for the past five quarters the average balance of interest earning assets, net interest income and the tax equivalent net interest margin.

(In thousands)	Average  interest earning assets		Net interest income		Tax equivalent net interest  margin
June 2012	$	6,134,797	$	58,680	3.87	%
September 2012	$	6,200,288	$	58,016	3.75	%
December 2012	$	6,128,159	$	56,891	3.72	%
March 2013	$	6,125,403	$	55,453	3.70	%
June 2013	$	6,112,621	$	54,712	3.61	%

Mix of Average Interest Earning Assets and Yield on Average Interest Earning Assets

The following table shows the mix of average interest earning assets for the six months ended June 30, 2013 and for the years ended December 31, 2012, 2011 and 2010.

(Dollars in thousands)	Loans			Investments			Money Market Instruments			Total
2010 - year	$	4,642,478		$	1,746,356		$	93,009		$	6,481,843
Percentage of total earning assets	71.62		%	26.94		%	1.44		%	100.00		%
2011 - year	$	4,713,511		$	1,848,880		$	78,593		$	6,640,984
Percentage of total earning assets	70.98		%	27.84		%	1.18		%	100.00		%
2012 - year	$	4,410,661		$	1,613,131		$	166,319		$	6,190,111
Percentage of total earning assets	71.25		%	26.06		%	2.69		%	100.00		%
2013 - first six months	$	4,461,361		$	1,365,183		$	292,433		$	6,118,977
Percentage of total earning assets	72.91		%	22.31		%	4.78		%	100.00		%

A primary financial goal for Park is to increase the amount of quality loans on its balance sheet. Management emphasizes the importance of growing quality loans on an ongoing basis to its retail and commercial lenders. The average balance of loans for the first six months of 2013 was $4,461 million, compared to $4,411 million for all of 2012.

Management actively manages the investment portfolio. The average balance of investment securities may increase as a result of attractive investment opportunities. Likewise, the average balance of investment securities may decrease if management sells investment securities or chooses not to reinvest the cash flow from maturities or investment repayments. Through the first six months of 2013, management decided not to reinvest a portion of cash available into investment securities with longer duration in the current low interest rate environment.

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The following table shows the yield on average interest earning assets for the six months ended June 30, 2013 and for the years ended December 31, 2012, 2011 and 2010.

	Loans		Investments		Money Market Instruments		Total
2010 - year	5.80	%	4.47	%	0.22	%	5.36	%
2011 - year	5.60	%	3.76	%	0.23	%	5.03	%
2012 - year	5.35	%	3.15	%	0.25	%	4.64	%
2013 - first six months	5.10	%	2.80	%	0.25	%	4.36	%

The loan portfolio for Park provides a higher yield than the yield on investment securities. As stated previously, a primary financial objective of Park is to grow quality loans. Park’s net interest income and net interest margin would increase if Park were able to increase its loan portfolio with quality loans. Park has strong liquidity and would be able to easily fund a significant increase in its loan portfolio.

Credit Metrics and Provision for (Recovery of) Loan Losses

The provision for loan losses for Park was $673,000 for the three months ended June 30, 2013, compared to $5.2 million for the same period in 2012. Net loan charge-offs for Park were $877,000 for the second quarter of 2013, compared to $6.5 million for the second quarter of 2012. Park's annualized ratio of net loan charge-offs to average loans was 0.08% for the three months ended June 30, 2013, compared to 0.60% for the same period in 2012.

The provision for loan losses for Park was $1.0 million for the six months ended June 30, 2013, compared to $13.6 million for the same period in 2012. Net loan charge-offs for Park were $1.4 million for the first six months of 2013, compared to $23.5 million for the same period of 2012. Net loan charge-offs for the first half of 2012 included the charge-off of $12.1 million related to the retained Vision loans to bring the retained Vision portfolio to fair value prior to the merger of Vision with and into SEPH on February 16, 2012. Park's annualized ratio of net loan charge-offs to average loans was 0.06% for the six months ended June 30, 2013, compared to 1.07% for the same period in 2012.

The provision for loan losses for PNB and Guardian, Park’s two Ohio-based subsidiaries, was an aggregate of $5.7 million for the six months ended June 30, 2013, compared to $8.9 million for the same period in 2012. Net loan charge-offs for PNB and Guardian totaled $6.1 million for the first six months of 2013, compared to $7.9 million for the same period in 2012. The annualized ratio of net loan charge-offs to average loans for PNB and Guardian was 0.28% for the six months ended June 30, 2013, compared to 0.38% for the same period in 2012.

The recovery of loan losses for SEPH was $4.7 million for the six months ended June 30, 2013, compared to the provision for loan losses of $4.7 million for the same period in 2012. Net loan recoveries for SEPH for the six months ended June 30, 2013 were $4.7 million. Net loan charge-offs for SEPH during the period February 16, 2012 through June 30, 2012, were $3.5 million.

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On February 16, 2012, when Vision merged with and into SEPH, the loans then held by Vision were transferred to SEPH by operation of law at their fair value and no allowance for loan loss is carried at SEPH. As a result, the loans included in both the performing and nonperforming portfolios were charged down to their fair value. The table below provides additional information regarding cumulative charge-offs as a percentage of unpaid principal balance, as of June 30, 2013.

SEPH - Retained Vision Loan Portfolio
(In thousands)	Unpaid Principal Balance		Aggregate Charge-Offs		Net Book Balance		Charge-off Percentage
Nonperforming loans - retained by SEPH	$	104,902	$	61,686	$	43,216	58.80	%
Performing loans - retained by SEPH	3,402		208		3,194		6.11	%
Total SEPH loan exposure	$	108,304	$	61,894	$	46,410	57.15	%

Park management obtains updated appraisal information for all nonperforming loans, including those held at SEPH, at least annually. As new appraisal information is received, management performs an evaluation of the appraisal and applies a discount for anticipated disposition costs to determine the net realizable value of the collateral, which is compared against the outstanding principal balance to determine if additional write-downs are necessary.

The following table provides additional information related to Park’s allowance for loan losses, including information related to specific reserves and general reserves, at June 30, 2013, December 31, 2012 and June 30, 2012.

Park National Corporation - Allowance for Loan Losses
(In thousands)	June 30, 2013			December 31, 2012			June 30, 2012
Total allowance for loan losses	$	55,111		$	55,537		$	58,696
Specific reserves	7,466			8,276			10,946
General reserves	$	47,645		$	47,261		$	47,750
Total loans	$	4,510,716		$	4,450,322		$	4,386,851
Impaired commercial loans	126,080			137,238			170,224
Non-impaired loans	$	4,384,636		$	4,313,084		$	4,216,627
Total allowance for loan losses to total loan ratio	1.22		%	1.25		%	1.34		%
General reserves as a % of non-impaired loans	1.09		%	1.10		%	1.13		%

The decline in general reserves as a percentage of non-impaired loans from 1.13% at June 30, 2012 to 1.09% at June 30, 2013 is primarily due to improving credit trends in the commercial loan portfolio for Park's Ohio operations (PNB and GFSC). The following table shows the trends in Park's Ohio - based operations commercial loan portfolio.

Commercial loans * (In thousands)	June 30, 2013		December 31, 2012		December 31, 2011
Pass rated	$	2,248,378	$	2,225,702	$	2,131,007
Special Mention	44,333		49,275		66,254
Substandard	13,203		16,843		29,604
Impaired	84,531		89,365		95,109
Total	$	2,390,445	$	2,381,185	$	2,321,974

* Commercial loans include: (1) Commercial, financial and agricultural loans, (2) Commercial real estate loans, (3) Commercial related loans in the construction real estate portfolio and (4) Commercial related loans in the residential real estate portfolio.

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The commercial loans table above demonstrates the improvement experienced over the last 18 months in Park's Ohio commercial portfolio. Pass rated commercial loans have grown $117.4 million, or 5.5% since December 2011. Over this period, special mention loans have declined by $21.9 million, or 33.1%, and substandard loans have declined by $16.4 million, or 55.4%. These improved credit metrics in the special mention and substandard categories of the commercial loan portfolio have a significant impact on the general reserves that are established to cover incurred losses on performing commercial loans. As these credit metrics have improved over the past 18 months, general reserves have declined.

Delinquent and accruing loan trends (includes all outstanding loans, consumer and commercial) for Park's Ohio-based operations have also improved over the past 18 months. Delinquent and accruing loans were $29.2 million or 0.65% of total loans at June 30, 2013, compared to $39.6 million (0.90%) at December 31, 2012 and $40.1 million (0.96%) at December 31, 2011.

Impaired commercial loans for Park's Ohio-based operations were $84.5 million as of June 30, 2013, a reduction from the balances of impaired loans of $89.4 million at December 31, 2012 and $95.1 million at December 31, 2011. Impaired commercial loans are individually evaluated for impairment and specific reserves are established and/or charge-offs are taken to cover incurred losses.

Nonperforming Assets: Nonperforming loans include: 1) loans whose interest is accounted for on a nonaccrual basis; 2) TDRs on accrual status; and 3) loans which are contractually past due 90 days or more as to principal or interest payments but whose interest continues to accrue. OREO results from taking possession of property used as collateral for a defaulted loan.

The following table compares Park’s nonperforming assets at June 30, 2013, December 31, 2012 and June 30, 2012.

Park National Corporation - Nonperforming Assets

(In thousands)	June 30, 2013			December 31, 2012			June 30, 2012
Nonaccrual loans	$	145,398		$	155,536		$	180,381
Accruing TDRs	22,413			29,800			27,250
Loans past due 90 days or more	1,502			2,970			1,870
Total nonperforming loans	$	169,313		$	188,306		$	209,501
OREO – PNB	14,273			14,715			13,439
OREO – SEPH	21,389			21,003			24,985
Total nonperforming assets	$	204,975		$	224,024		$	247,925
Percentage of nonaccrual loans to total loans	3.22		%	3.49		%	4.11		%
Percentage of nonperforming loans to total loans	3.75		%	4.23		%	4.78		%
Percentage of nonperforming assets to total loans	4.54		%	5.03		%	5.65		%
Percentage of nonperforming assets to total assets	3.09		%	3.37		%	3.70		%

Park management reviews all TDRs quarterly and may classify a TDR as accruing if the borrower has been current for a period of at least six months with respect to loan payments and management expects that the borrower will be able to continue to make payments in accordance with the terms of the restructured note. At June 30, 2013, management deemed it appropriate to have $22.4 million of TDRs on accrual status, while the remaining $81.9 million of TDRs were on nonaccrual status.Management reviews all accruing TDRs quarterly to ensure payments continue to be made in accordance with the modified terms.

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Management reviews renewals/modifications of loans previously identified as TDRs to consider if it is appropriate to remove the TDR classification. If the borrower is no longer experiencing financial difficulty and the renewal/modification does not contain a concessionary interest rate or other concessionary terms, management considers the potential removal of the TDR classification. If deemed appropriate, the TDR classification is removed as the borrower has complied with the terms of the loan at the date of the renewal/modification and there was a reasonable expectation that the borrower would continue to comply with the terms of the loan subsequent to the date of the renewal/modification. The majority of these TDRs were originally considered restructurings in a prior year as a result of a modification with an interest rate that was not commensurate with the risk of the underlying loan. During both the three-month and six-month periods ended June 30, 2013, Park removed the TDR classification on $2.9 million of loans that met the requirements discussed above.

Nonperforming assets for PNB and GFSC and for SEPH/Vision as of June 30, 2013, December 31, 2012 and June 30, 2012 were as reported in the following two tables:

PNB and GFSC - Nonperforming Assets

(In thousands)	June 30, 2013			December 31, 2012			June 30, 2012
Nonaccrual loans	$	102,182		$	100,244		$	107,749
Accruing TDRs	22,413			29,800			25,782
Loans past due 90 days or more	1,502			2,970			1,870
Total nonperforming loans	$	126,097		$	133,014		$	135,401
OREO – PNB	14,273			14,715			13,439
Total nonperforming assets	$	140,370		$	147,729		$	148,840
Percentage of nonaccrual loans to total loans	2.29		%	2.28		%	2.50		%
Percentage of nonperforming loans to total loans	2.82		%	3.03		%	3.15		%
Percentage of nonperforming assets to total loans	3.14		%	3.36		%	3.46		%
Percentage of nonperforming assets to total assets	2.15		%	2.27		%	2.27		%

SEPH/Vision - Nonperforming Assets

(In thousands)	June 30, 2013		December 31, 2012		June 30, 2012
Nonaccrual loans	$	43,216	$	55,292	$	72,632
Accruing TDRs	—		—		1,468
Loans past due 90 days or more	—		—		—
Total nonperforming loans	$	43,216	$	55,292	$	74,100
OREO – SEPH	21,389		21,003		24,985
Total nonperforming assets	$	64,605	$	76,295	$	99,085

When determining the quarterly loan loss provision, Park reviews the grades of commercial loans. These loans are graded from 1 to 8. A grade of 1 indicates little or no credit risk and a grade of 8 is considered a loss. Commercial loans with grades of 1 to 4.5 (pass-rated) are considered to be of acceptable credit risk. Commercial loans graded a 5 (special mention) are considered to be watch list credits and a higher loan loss reserve percentage is allocated to these loans. Commercial loans graded 6 (substandard), also considered watch list credits, represent higher credit risk than those rated special mention and, as a result, a higher loan loss reserve percentage is allocated to these loans. Generally, commercial loans that are graded a 6 are considered for partial charge-off. Commercial loans that are graded a 7 (doubtful) are shown as nonperforming and Park generally charges these loans down to their fair value by taking a partial charge-off or recording a specific reserve. Any commercial loan graded an 8 (loss) is completely charged-off.

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As of June 30, 2013, Park had taken partial charge-offs of approximately $96.8 million related to the $126.1 million of commercial loans considered to be impaired, compared to charge-offs of approximately $105.1 million related to the $137.2 million of impaired commercial loans at December 31, 2012. The table below provides additional information related to the Park impaired commercial loans at June 30, 2013, including those impaired commercial loans at PNB and those impaired Vision commercial loans retained at SEPH.

Park National Corporation Impaired Commercial Loans at June 30, 2013

(In thousands)	Unpaid principal balance (UPB)		Prior charge- offs		Total impaired loans		Specific reserve		Carrying balance		Carrying balance as a % of UPB
PNB	$	121,326	$	36,795	$	84,531	$	7,466	$	77,065	63.52	%
SEPH - CL&D loans	47,400		38,326		9,074		—		9,074		19.14	%
SEPH - Other loans	54,145		21,670		32,475		—		32,475		59.98	%
PRK totals	$	222,871	$	96,791	$	126,080	$	7,466	$	118,614	53.22	%

A significant portion of Park’s allowance for loan losses is allocated to commercial loans classified as “special mention” or “substandard.” “Special mention” loans are loans that have potential weaknesses that may result in loss exposure to Park. “Substandard” loans are those that exhibit a well defined weakness, jeopardizing repayment of the loan, resulting in a higher probability that Park will suffer a loss on the loan unless the weakness is corrected. Park’s annualized 48-month loss experience for the period ended December 31, 2012, defined as charge-offs plus changes in specific reserves, within the commercial loan portfolio was 0.66% of the principal balance of these loans. This annualized 48-month loss experience included only the performance of the PNB loan portfolio. The allowance for loan losses related to performing commercial loans was $31.9 million or 1.38% of the outstanding principal balance of other accruing commercial loans at June 30, 2013.

The overall reserve of 1.38% for other accruing commercial loans breaks down as follows: pass-rated commercial loans are reserved at 1.25%; special mention commercial loans are reserved at 5.10%; and substandard commercial loans are reserved at 11.64%. The reserve levels for pass-rated, special mention and substandard commercial loans in excess of the annualized 48-month loss experience of 0.66% are due to the following factors which management reviews on a quarterly or annual basis:

• Loss Emergence Period Factor: Annually during the fourth quarter, management calculates the loss emergence period for each commercial loan segment. This loss emergence period is calculated based upon the average period of time it takes a credit to move from pass-rated to nonaccrual. If the loss emergence period for any commercial loan segment is greater than one year, management applies additional general reserves to all performing loans within that segment of the commercial loan portfolio.

• Loss Migration Factor: Park’s commercial loans are individually risk graded. If loan downgrades occur, the probability of default increases, and accordingly, management allocates a higher percentage reserve to those accruing commercial loans graded special mention and substandard. Annually, management calculates a loss migration factor for each commercial loan segment for special mention and substandard credits based on a review of losses over the past three - year period, considering how each individual credit was rated at the beginning of the three - year period.

• Environmental Loss Factor: Management has identified certain macroeconomic factors that trend in accordance with losses in Park’s commercial loan portfolio. These macroeconomic factors are reviewed quarterly and adjustments to the environmental loss factor impacting each segment in the performing commercial loan portfolio correlates to changes in the macroeconomic environment.

Generally, consumer loans are not individually graded. Consumer loans include: (1) mortgage and installment loans included in the construction real estate segment of the loan portfolio; (2) mortgage, home equity lines of credit (HELOC), and installment loans included in the residential real estate segment of the loan portfolio; and (3) all loans included in the consumer segment of the loan portfolio. The amount of loan loss reserve assigned to these loans is based on historical loss experience over the past 48 months. Management generally considers a one-year coverage period (the “Historical Loss Factor”) appropriate because the probable loss on any given loan in the consumer loan pool should ordinarily become apparent in that time frame. However, management may incorporate adjustments to the Historical Loss Factor as circumstances warrant additional reserves (e.g., increased loan delinquencies, improving or deteriorating economic conditions, changes in lending management and underwriting standards, etc.). At June 30, 2013, the coverage period within the consumer portfolio was approximately 1.58 years.

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The judgmental increases discussed above incorporate management’s evaluation of the impact of environmental qualitative factors which pose additional risks and assignment of a component of the allowance for loan losses in consideration of these factors. Such environmental factors include: national and local economic trends and conditions; experience, ability and depth of lending management and staff; effects of any changes in lending policies and procedures; and levels of, and trends in, consumer bankruptcies, delinquencies, impaired loans and charge-offs and recoveries. The determination of this component of the allowance for loan losses requires considerable management judgment. Management continues to work to address weaknesses in those loans that may result in future loss. Actual loss experience may be more or less than the amount allocated.

Total Other Income

Total other income increased by $1.8 million to $19.3 million for the quarter ended June 30, 2013, compared to $17.5 million for the second quarter of 2012. For the six months ended June 30, 2013, total other income decreased $19.0 million to $38.1 million, compared to $57.1 million for the six months ended June 30, 2012. Excluding the gain on the sale of Vision, total other income increased $3.1 million to $38.1 million for the first half of 2013, compared to $35.0 million for the same period in 2012.

The following table is a summary of the changes in the components of total other income:

	Three months ended June 30,									Six months ended June 30,
(In thousands)	2013			2012			Change			2013			2012			Change
Income from fiduciary activities	$	4,328		$	4,044		$	284		$	8,404		$	7,872		$	532
Service charges on deposits	4,070			4,154			(84		)	7,892			8,225			(333		)
Other service income	3,352			3,417			(65		)	7,337			6,151			1,186
Checkcard fee income	3,316			3,180			136			6,299			6,352			(53		)
Bank owned life insurance income	1,254			1,184			70			2,456			2,386			70
ATM fees	677			536			141			1,304			1,144			160
OREO valuation adjustments	(600		)	(2,648		)	2,048			(199		)	(4,007		)	3,808
Gain on sale of OREO, net	1,633			2,203			(570		)	1,857			3,248			(1,391		)
Gain on sale of the Vision business	—			—			—			—			22,167			(22,167		)
Miscellaneous	1,268			1,438			(170		)	2,753			3,590			(837		)
Total other income	$	19,298		$	17,508		$	1,790		$	38,103		$	57,128		$	(19,025	)

The following table breaks out the change in total other income for the three and six months ended June 30, 2013 compared to June 30, 2012 between Park’s Ohio-based operations and SEPH/Vision Bank.

	Three months ended change from 2012 to 2013									Six months ended change from 2012 to 2013
(In thousands)	Ohio based operations			SEPH/VB			Total			Ohio based operations			SEPH/VB			Total
Income from fiduciary activities	$	284		$	—		$	284		$	535		$	(3	)	$	532
Service charges on deposits	(84		)	—			(84		)	(179		)	(154		)	(333		)
Other service income	(41		)	(24		)	(65		)	1,318			(132		)	1,186
Checkcard fee income	136			—			136			65			(118		)	(53		)
Bank owned life insurance income	70			—			70			88			(18		)	70
ATM fees	141			—			141			169			(9		)	160
OREO valuation adjustments	238			1,810			2,048			308			3,500			3,808
Gain on sale of OREO, net	226			(796		)	(570		)	(597		)	(794		)	(1,391		)
Gain on sale of the Vision business	—			—			—			—			(22,167		)	(22,167		)
Miscellaneous	(100		)	(70		)	(170		)	408			(1,245		)	(837		)
Total other income	$	870		$	920		$	1,790		$	2,115		$	(21,140	)	$	(19,025	)

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Income from fiduciary activities, which represents revenue earned from Park’s trust activities, increased by $284,000, or 7.0%, to $4.3 million for the three months ended June 30, 2013, compared to $4.0 million for the same period in 2012. Fiduciary fee income increased by $532,000, or 6.8%, to $8.4 million for the six months ended June 30, 2013, compared to $7.9 million for the same period in 2012. Fiduciary fees are generally charged based on the market value of customer accounts. The average market value for assets under management for the six months ended June 30, 2013 was $3,723 million, an increase of approximately 6.4% compared to the average for the six months ended June 30, 2012 of $3,499 million.

Service charges on deposits decreased by $84,000, or 2.0%, to $4.1 million for the three months ended June 30, 2013, compared to $4.2 million for the same period in 2012. For the six months ended June 30, 2013, service charges on deposits decreased by $333,000, or 4.0%, to $7.9 million for the six months ended June 30, 2013, compared to $8.2 million for the same period in 2012. This decrease was primarily attributable to a decline in non-sufficient funds (“NSF”) charges during the three-month and six-month periods ended June 30, 2013 compared to the same period in 2012.

Fee income earned from origination and sale into the secondary market of long-term, fixed-rate mortgage loans is included within other non-yield related fees in the subcategory “Other service income”. Other service income decreased by $65,000, or 1.9%, to $3.35 million for the three months ended June 30, 2013, compared to $3.42 million for the same period in 2012. Other service income increased by $1.2 million, or 19.3%, to $7.34 million for the six months ended June 30, 2013, compared to $6.15 million for the same period in 2012. This increase was primarily due to an increase in originations of mortgage loans for sale into the secondary market during the first six months of 2013 compared to the same period in 2012.

For the three months ended June 30, 2013, OREO valuation adjustments decreased by $2.0 million, to $600,000, compared to $2.6 million for the same period in 2012. For the six months ended June 30, 2013, OREO valuation adjustments decreased by $3.8 million, to $199,000, compared to $4.0 million for the same period in 2012. The decrease was primarily related to fewer valuation adjustments at SEPH in 2013 related to legacy Vision assets.

For the three months ended June 30, 2013, gain on the sale of OREO, net, decreased by $570,000 to $1.63 million, compared to $2.20 million for the same period in 2012. For the six months ended June 30, 2013, gain on the sale of OREO, net, decreased by $1.4 million, to $1.86 million, compared to $3.25 million for the same period in 2012. Through the first half of 2013, total OREO sales were $14.2 million. These 2013 first half sales were related to properties that had a book value of $12.4 million. For the first half of 2012, total OREO sales were $15.3 million. These 2012 first half sales were related to properties that had a book value of $12.8 million.

Total Other Expense

The following table is a summary of the changes in the components of total other expense:

	Three months ended June 30,							Six months ended June 30,
(In thousands)	2013		2012		Change			2013		2012		Change
Salaries and employee benefits	$	24,679	$	22,813	$	1,866		$	49,312	$	47,636	$	1,676
Occupancy expense	2,444		2,249		195			5,041		4,919		122
Furniture and equipment expense	2,981		2,727		254			5,588		5,348		240
Data processing fees	1,049		899		150			2,068		2,099		(31		)
Professional fees and services	5,880		5,800		80			11,744		11,381		363
Amortization of intangibles	113		140		(27		)	225		1,894		(1,669		)
Marketing	953		705		248			1,801		1,548		253
Insurance	1,338		1,400		(62		)	2,640		2,890		(250		)
Communication	1,453		1,494		(41		)	3,033		3,031		2
State taxes	928		933		(5		)	1,856		1,922		(66		)
Loan put provision	—		2,701		(2,701		)	—		3,363		(3,363		)
OREO expense	969		1,106		(137		)	1,481		1,829		(348		)
Miscellaneous	3,783		2,837		946			7,879		6,414		1,465
Total other expense	$	46,570	$	45,804	$	766		$	92,668	$	94,274	$	(1,606	)

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The following table breaks out the change in total other expense for the three and six months ended June 30, 2013, compared to June 30, 2012 between Park’s Ohio-based operations and SEPH/Vision.

	Three months ended change from 2012 to 2013									Six months ended change from 2012 to 2013
(In thousands)	Ohio based operations			SEPH/Vision			Total			Ohio based operations			SEPH/Vision			Total
Salaries and employee benefits	$	1,831		$	35		$	1,866		$	3,283		$	(1,607	)	$	1,676
Occupancy expense	199			(4		)	195			439			(317		)	122
Furniture and equipment expense	246			8			254			303			(63		)	240
Data processing fees	150			—			150			211			(242		)	(31		)
Professional fees and services	391			(311		)	80			804			(441		)	363
Amortization of intangibles	(27		)	—			(27		)	(54		)	(1,615		)	(1,669		)
Marketing	248			—			248			275			(22		)	253
Insurance	(56		)	(6		)	(62		)	(107		)	(143		)	(250		)
Communication	(1		)	(40		)	(41		)	131			(129		)	2
State taxes	(5		)	—			(5		)	(14		)	(52		)	(66		)
Loan put provision	—			(2,701		)	(2,701		)	—			(3,363		)	(3,363		)
OREO expense	(86		)	(51		)	(137		)	(16		)	(332		)	(348		)
Miscellaneous	(32		)	978			946			52			1,413			1,465
Total other expense	$	2,858		$	(2,092	)	$	766		$	5,307		$	(6,913	)	$	(1,606	)

Salaries and employee benefits increased by $1.9 million, or 8.2%, to $24.7 million for the three months ended June 30, 2013, compared to $22.8 million for the same period in 2012. Salaries and employee benefits increased by $1.7 million, or 3.5%, to $49.3 million for the six months ended June 30, 2013, compared to $47.6 million for the same period in 2012. The increase through the first six months of 2013 is largely related to increased salary expense in Park's Ohio-based operations.

Professional fees and services increased by $363,000, or 3.2% to $11.7 million for the six months ended June 30, 2013, compared to $11.4 million for the first half of 2012. Professional fees and services increased by $804,000 for the Ohio-based operations and consisted of higher legal expenses and higher title appraisal expenses largely due to the increase in mortgage loan originations during the first six months of 2013. Offsetting this increase was a decline of $441,000 at SEPH, largely due to lower legal expenses.

Amortization of intangibles decreased by $1.7 million, or 88.1% to $225,000 for the first six months of 2013, compared to $1.9 million for the same period in 2012. This decrease was a result of accelerated intangible amortization in the first quarter of 2012 due to the sale of the Vision business. Management expects amortization expense will be approximately $112,000 for the remainder of 2013.

Miscellaneous other expense increased by $946,000, or 33.3%, to $3.8 million for the three months ended June 30, 2013, compared to $2.8 million for the same period in 2012. Miscellaneous other expense increased by $1.5 million, or 18.6%, to $7.9 million for the six months ended June 30, 2013, compared to $6.4 million for the same period in 2012. The increase was largely due to the establishment of reserves for ongoing litigation.

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The table below provides information related to other expense within each of Park's segments, which include PNB, GFSC, Vision, SEPH and "All Other" (which primarily consists of Park as the "Parent Company") for each quarter in 2012 and 2013 to date.

Other Expense - Quarterly 2012 and 2013
(In thousands)	PNB		GFSC		All Other		Vision		SEPH		Total PRK
Q1 2012	$	38,056	$	721	$	1,528	$	—	$	8,165	$	48,470
Q2 2012	37,260		706		1,839		—		5,999		45,804
Q3 2012	39,609		693		1,373		—		4,008		45,683
Q4 2012	41,591		715		1,845		—		3,860		48,011
Total 2012	$	156,516	$	2,835	$	6,585	$	—	$	22,032	$	187,968
Q1 2013	$	40,324	$	786	$	1,644	$	—	$	3,344	$	46,098
Q2 2013	$	40,408	$	810	$	1,443	$	—	$	3,909	$	46,570
YTD 2013	$	80,732	$	1,596	$	3,087	$	—	$	7,253	$	92,668

Income Tax

Federal income tax expense was $6.7 million for the second quarter of 2013, compared to $6.3 million for the second quarter of 2012. The effective federal income tax rate for the second quarter of 2013 was 25.2%, compared to 24.9% for the same period in 2012. Federal income tax expense was $13.9 million for the first six months of 2013, compared to $19.3 million for the same period in 2012. The effective federal income tax rate for the first six months of 2013 was 25.4%, compared to 27.7% for the same period in 2012. The difference between the statutory federal income tax rate of 35% and Park’s effective tax rate is the permanent tax differences, primarily consisting of tax-exempt interest income from municipal investments and loans, low income housing tax credits, bank owned life insurance income, and dividends paid on shares held within Park’s salary deferral plan. Park expects permanent tax differences for 2013 will be approximately $10 million.

Park and its Ohio-based affiliates do not pay state income taxes to the state of Ohio, but pay a franchise tax based on year end equity. The franchise tax expense is included in “state taxes” as part of other expense on Park’s Consolidated Condensed Statements of Income.

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Comparison of Financial Condition

At June 30, 2013 and December 31, 2012

Changes in Financial Condition and Liquidity

Total assets decreased by $2.3 million, or 0.04%, to $6,640 million at June 30, 2013, compared to $6,643 million at December 31, 2012.

Total investment securities decreased by $237 million, or 15.0%, to $1,345 million at June 30, 2013, compared to $1,582 million at December 31, 2012. Money market instruments, included in cash and cash equivalents, increased by $199 million to $236 million at June 30, 2013, compared to $37 million at December 31, 2012. Loan balances increased by $61 million to $4,511 million at June 30, 2013, compared to $4,450 million at December 31, 2012.

Total liabilities increased by $9 million, or 0.2%, during the first six months of 2013 to $6,001 million at June 30, 2013, from $5,992 million at December 31, 2012.

Total deposits increased by $135 million, or 2.9%, to $4,851 million at June 30, 2013, compared to $4,716 million at December 31, 2012. The increase in deposits in the first six months of 2013 was largely related to an increase in interest bearing transaction accounts and savings accounts.

Short-term borrowings decreased by $121 million, or 35.2%, to $223 million at June 30, 2013, from $344 million at December 31, 2012. Long-term borrowings, including subordinated debentures and notes, increased by $1 million or 0.1% to $863 million at June 30, 2013, compared to $862 million at December 31, 2012.

Total shareholders’ equity decreased by $11.2 million, or 1.7%, to $639.2 million at June 30, 2013, from $650.4 million at December 31, 2012. Retained earnings increased by $11.8 million during the period as a result of net income of $40.7 million, offset by common share dividends of $29.0 million. Accumulated other comprehensive loss increased by $22.9 million to a loss of $40.4 million at June 30, 2013, compared to $17.5 million at December 31, 2012. This $22.9 million increase in the accumulated other comprehensive loss was related to an unrealized net holding loss in the investment portfolio of $22.9 million, net of taxes, as a result of the mark-to-market adjustment at June 30, 2013.

Increases or decreases in the investment securities portfolio, short-term borrowings and long-term debt are greatly dependent upon the growth in loans and deposits. The primary objective of management is to grow loan and deposit totals. To the extent that management is unable to grow loan totals at a desired growth rate, additional investment securities may be acquired. Likewise, both short-term borrowings and long-term debt are utilized to fund the growth in earning assets if the growth in deposits and cash flow from operations are not sufficient to do so.

Effective liquidity management ensures that the cash flow requirements of depositors and borrowers, as well as the operating cash needs of the Corporation, are met. Funds are available from a number of sources, including the securities portfolio, the core deposit base, Federal Home Loan Bank borrowings, and the capability to securitize or package loans for sale. The Corporation’s loan to asset ratio was 67.93% at June 30, 2013, compared to 66.99% at December 31, 2012 and 65.42% at June 30, 2012. Cash and cash equivalents were $353.9 million at June 30, 2013, compared to $201.3 million at December 31, 2012 and $208.1 million at June 30, 2012. Management believes that the present funding sources provide more than adequate liquidity for the Corporation to meet its cash flow needs.

On a monthly basis, Park’s Treasury Department forecasts the financial statements for the next twelve months. The projected liquidity position for the Corporation is reviewed each month to ensure that adequate liquidity is maintained. Management targets that the Corporation would have a minimum of $900 million of funds available to handle liquidity needs on a daily basis. This $900 million liquidity “war chest” consists of currently available additional borrowing capacity from the Federal Home Loan Bank, federal funds sold and unpledged U.S. Government Agency securities.

Capital Resources

Total shareholders’ equity at June 30, 2013 was $639.2 million, or 9.6% of total assets, compared to $650.4 million, or 9.8% of total assets, at December 31, 2012 and $660.6 million, or 9.9% of total assets, at June 30, 2012. Common equity, which is shareholders’ equity excluding the preferred stock, was $639.2 million at June 30, 2013, or 9.6% of total assets, compared to $650.4 million, or 9.8% of total assets, at December 31, 2012 and $660.6 million, or 9.9% of total assets, at June 30, 2012.

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Financial institution regulators have established guidelines for minimum capital ratios for banks, thrifts and bank holding companies. The net unrealized gain or loss on available-for-sale securities is generally not included in computing regulatory capital. The minimum leverage capital ratio (defined as shareholders’ equity less intangible assets divided by tangible assets) is 4% and the well capitalized ratio (PNB only) is greater than or equal to 5%. Park’s leverage ratio was 9.38% at June 30, 2013 and 9.17% at December 31, 2012. The minimum Tier 1 risk-based capital ratio (defined as leverage capital divided by risk-adjusted assets) is 4% and the well capitalized ratio (PNB only) is greater than or equal to 6%. Park’s Tier 1 risk-based capital ratio was 13.28% at June 30, 2013 and 13.12% at December 31, 2012. The minimum total risk-based capital ratio (defined as leverage capital plus supplemental capital divided by risk-adjusted assets) is 8% and the well capitalized ratio (PNB only) is greater than or equal to 10%. Park’s total risk-based capital ratio was 15.90% at June 30, 2013 and 15.77% at December 31, 2012.

PNB met the well capitalized ratio guidelines at June 30, 2013. The following table indicates the capital ratios for PNB and Park at June 30, 2013.

	Leverage		Tier 1 Risk Based		Total Risk-Based
The Park National Bank	7.05	%	10.05	%	11.91	%
Park National Corporation	9.38	%	13.28	%	15.90	%
Minimum capital ratio	4.00	%	4.00	%	8.00	%
Well capitalized ratio (PNB only)	5.00	%	6.00	%	10.00	%

Contractual Obligations and Commitments

In the ordinary course of operations, Park enters into certain contractual obligations. Such obligations include the funding of operations through debt issuances as well as leases for premises. See page 42 of Park’s 2012 Annual Report (Table 31) for disclosure concerning contractual obligations and commitments at December 31, 2012. There were no significant changes in contractual obligations and commitments during the first six months of 2013.

Financial Instruments with Off-Balance Sheet Risk

PNB is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include loan commitments and standby letters of credit. The instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated financial statements.

The exposure to credit loss (for PNB) in the event of nonperformance by the other party to the financial instrument for loan commitments and standby letters of credit is represented by the contractual amount of those instruments. Park and PNB use the same credit policies in making commitments and conditional obligations as they do for on-balance sheet instruments. Since many of the loan commitments may expire without being drawn upon, the total commitment amount does not necessarily represent future cash requirements. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan commitments to customers.

The total amounts of off-balance sheet financial instruments with credit risk were as follows:

(In thousands)	June 30, 2013		December 31, 2012
Loan commitments	$	845,307	$	815,585
Standby letters of credit	$	21,206	$	22,961

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ITEM 3 – QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Management reviews interest rate sensitivity on a bi-monthly basis by modeling the consolidated financial statements under various interest rate scenarios. The primary reason for these efforts is to guard Park from adverse impacts of unforeseen changes in interest rates. Management continues to believe that further changes in interest rates will have a small impact on net income, consistent with the disclosure on pages 41 and 42 of Park’s 2012 Annual Report.

On page 41 (Table 30) of Park’s 2012 Annual Report, management reported that Park’s twelve month cumulative rate sensitivity gap was a positive (assets exceeding liabilities) $1,144 million or 18.84% of interest earning assets at December 31, 2012. At June 30, 2013, Park’s twelve month cumulative rate sensitivity gap was a positive (assets exceeding liabilities) $603 million or 9.87% of interest earning assets.

Management supplements the interest rate sensitivity gap analysis with periodic simulations of balance sheet sensitivity under various interest rate and what-if scenarios to better forecast and manage the net interest margin. Management uses a 50 basis point change in market interest rates per quarter for a total of 200 basis points per year in evaluating the impact of changing interest rates on net interest income and net income over a twelve month horizon.

On page 42 of Park’s 2012 Annual Report, management reported that at December 31, 2012, the earnings simulation model projected that net income would increase by 1.1% using a rising interest rate scenario and decrease by 6.6% using a declining interest rate scenario over the next year. At June 30, 2013, the earnings simulation model projected that net income would decrease by 0.25% using a rising interest rate scenario and would decrease by 10.53% in a declining interest rate scenario. At June 30, 2013, management continues to believe that gradual changes in interest rates (50 basis points per quarter for a total of 200 basis points per year) will have a small impact on net income.

ITEM 4 – CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

With the participation of the Chairman of the Board and Chief Executive Officer (the principal executive officer) and the Chief Financial Officer and Treasurer (the principal financial officer) of Park, Park’s management has evaluated the effectiveness of Park’s disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) as of the end of the quarterly period covered by this Quarterly Report on Form 10-Q. Based on that evaluation, Park’s Chairman of the Board and Chief Executive Officer and Park’s Chief Financial Officer and Treasurer have concluded that:

• information required to be disclosed by Park in this Quarterly Report on Form 10-Q and other reports that Park files or submits under the Exchange Act would be accumulated and communicated to Park’s management, including its principal executive officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure;

• information required to be disclosed by Park in this Quarterly Report on Form 10-Q and the other reports that Park files or submits under the Exchange Act would be recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms; and

• Park’s disclosure controls and procedures were effective as of the end of the quarterly period covered by this Quarterly Report on Form 10-Q.

Changes in Internal Control Over Financial Reporting

There were no changes in Park’s internal control over financial reporting (as defined in Rule 13a – 15(f) under the Exchange Act) that occurred during Park’s fiscal quarter ended June 30, 2013, that have materially affected, or are reasonably likely to materially affect, Park’s internal control over financial reporting.

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PART II – OTHER INFORMATION

Item 1.       Legal Proceedings

There are no pending legal proceedings to which Park or any of its subsidiaries is a party or to which any of their property is subject, except for routine legal proceedings which Park’s subsidiary bank, PNB, is a party to incidental to its banking business, as well as routine legal proceedings at SEPH which SEPH (and SEPH as the successor to Vision Bank) is a party to incidental to its business. Park considers none of those proceedings to be material.

Item 1A.     Risk Factors

There are certain risks and uncertainties in our business that could cause our actual results to differ materially from those anticipated. In “ITEM 1A. RISK FACTORS” of Part I of Park’s Annual Report on Form 10-K for the fiscal year ended December 31, 2012 (the “2012 Form 10-K”), we included a detailed discussion of our risk factors. The following information updates one of our risk factors and should be read in conjunction with the risk factors disclosed in the 2012 Form 10-K. All of these risk factors should be read carefully in connection with evaluating our business and in connection with the forward-looking statements contained in this Quarterly Report on Form 10-Q. Any of the risks described below or in the 2012 Form 10-K could materially adversely affect our business, financial condition or future results and the actual outcome of matters as to which forward-looking statements are made. These are not the only risks we face. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition and/or operating results.

Legislative or regulatory changes or actions could adversely impact us or the businesses in which we are engaged.

The financial services industry is extensively regulated. We are subject to extensive state and federal regulation, supervision and legislation that govern almost all aspects of our operations. Laws and regulations may change from time to time and are primarily intended for the protection of consumers, depositors, borrowers, the FDIC’s Deposit Insurance Fund and the banking system as a whole, and not to benefit our shareholders. Regulations affecting banks and financial services businesses are undergoing continuous changes, and management cannot predict the effect of these changes. The impact of any changes to laws and regulations or other actions by regulatory agencies may negatively impact us or our ability to increase the value of our business. Regulatory authorities have extensive discretion in connection with their supervisory and enforcement activities, including the imposition of restrictions on the operation of an institution, the classification of assets held by an institution and the adequacy of an institution’s allowance for loan losses. Additionally, actions by regulatory agencies against us could cause us to devote significant time and resources to defending our business and may lead to penalties that materially affect us and our shareholders.

In light of current conditions in the global financial markets and the global economy, regulators have increased their focus on the regulation of the financial services industry. Most recently, the United States Congress and the federal agencies regulating the financial services industry have acted on an unprecedented scale in responding to the stresses experienced in the global financial markets. Some of the laws enacted by the United States Congress and regulations promulgated by federal regulatory agencies subject us, and other financial institutions to which such laws and regulations apply, to additional restrictions, oversight and costs that may have an impact on our business, results of operations or the trading price of our Common Shares. In addition to laws, regulations and supervisory and enforcement actions directed at the operations of banks, proposals to reform the housing finance market consider winding down Fannie Mae and Freddie Mac, which could negatively affect our sales of loans.

In July 2013, Park's primary federal regulator, the Federal Reserve, published final rules (the “Basel III Capital Rules”) establishing a new comprehensive capital framework for U.S. banking organizations. The rules implement the Basel Committee's December 2010 framework known as “Basel III” for strengthening international capital standards as well as certain provisions of the Dodd-Frank Act. The Basel III Capital Rules substantially revise the risk-based capital requirements applicable to bank holding companies and depository institutions, including Park and PNB, compared to the current U.S. risk-based capital rules. The Basel III Capital Rules define the components of capital and address other issues affecting the numerator in banking institutions' regulatory capital ratios. The Basel III Capital Rules also address risk weights and other issues affecting the denominator in banking institutions' regulatory capital ratios and replace the existing risk-weighting approach, which was derived from Basel I capital accords of the Basel Committee, with a more risk-sensitive approach based, in part, on the standardized approach in the Basel Committee's 2004 “Basel II” capital accords. The Basel III Capital Rules also implement the requirements of Section 939A of the Dodd-Frank Act to remove references to credit ratings from the federal

66

banking agencies' rules. The Basel III Capital Rules are effective for Park and the PNB on January 1, 2015 (subject to a phase-in period). The implementation of Basel III is not expected to have a material impact on Park's or PNB's capital ratios.

Item 2.       Unregistered Sales of Equity Securities and Use of Proceeds

(a) Not applicable

(b) Not applicable

(c) No purchases of Park’s common shares were made by or on behalf of Park or any “affiliated purchaser” as defined in Rule 10b-18(a)(3) under the Securities Exchange Act of 1934, as amended, during the three months ended June 30, 2013. The following table provides information concerning the maximum number of common shares that may be purchased under Park’s previously announced stock repurchase authorization to fund the Park National Corporation 2005 Incentive Stock Option Plan:

Period	Total number of common shares purchased	Average price paid per common share	Total number of common shares purchased as part of publicly announced plans or programs	Maximum number of common shares that may yet be purchased under the plans or programs (1)
April 1 through April 30, 2013	—	—	—	761,011
May 1 through May 31, 2013	—	—	—	761,011
June 1 through June 30, 2013	—	—	—	761,011
Total	—	—	—	761,011

(1) The number shown represents, as of the end of each period, the maximum number of common shares that may yet be purchased as part of Park’s publicly announced stock repurchase authorization to fund the Park National Corporation 2005 Incentive Stock Option Plan (the “2005 Plan”) which was terminated on April 22, 2013, or the Park National Corporation 2013 Long-Term Incentive Plan (the "2013 Incentive Plan") which became effective on April 22, 2013.

The 2005 Plan was adopted by the Board of Directors of Park on January 18, 2005 and was approved by the Park shareholders at the Annual Meeting of Shareholders on April 18, 2005. Under the 2005 Plan, 1,500,000 common shares were authorized for delivery upon the exercise of incentive stock options granted under the 2005 Plan. All of the common shares delivered upon the exercise of incentive stock options granted under the 2005 Plan were to be treasury shares. As of April 22, 2013, the date on which the 2005 Plan was terminated as discussed below, there were no incentive stock options outstanding and 1,500,000 common shares were available for future grants.

At the 2013 Annual Meeting of Shareholders held on April 22, 2013, Park's shareholders approved the 2013 Incentive Plan. The 2013 Incentive Plan replaces the 2005 Plan as well as the Park National Corporation Stock Plan for Non-Employee Directors of Park National Corporation and Subsidiaries (the “Directors' Stock Plan”), each of which terminated following the approval of the 2013 Incentive Plan by Park's shareholders. From and after April 22, 2013, no further awards may be granted by Park under the 2005 Plan or the Directors' Stock Plan.

The aggregate number of common shares with respect to which awards may be granted under the 2013 Incentive Plan will be 600,000. The common shares to be issued and delivered under the 2013 Incentive Plan may consist of either common shares currently held or common shares subsequently acquired by Park as treasury shares. No newly-issued common shares will be delivered under the 2013 Incentive Plan. On April 22, 2013, Park's Board of Directors authorized the purchase, from time to time, of up to 600,000 Park common shares to be held as treasury shares for subsequent issuance and delivery under the 2013 Incentive Plan.

Item 3.      Defaults Upon Senior Securities

Not applicable.

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Item 4.      Mine Safety Disclosures

Not applicable.

Item 5.      Other Information

(a), (b) Not applicable.

Item 6.      Exhibits

3.1(a)	Articles of Incorporation of Park National Corporation as filed with the Ohio Secretary of State on March 24, 1992 (Incorporated herein by reference to Exhibit 3(a) to Park National Corporation’s Form 8-B, filed on May 20, 1992 (File No. 0-18772) (“Park’s Form 8-B”))
3.1(b)	Certificate of Amendment to the Articles of Incorporation of Park National Corporation as filed with the Ohio Secretary of State on May 6, 1993 (Incorporated herein by reference to Exhibit 3(b) to Park National Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 1993 (File No. 0-18772))
3.1(c)	Certificate of Amendment to the Articles of Incorporation of Park National Corporation as filed with the Ohio Secretary of State on April 16, 1996 (Incorporated herein by reference to Exhibit 3(a) to Park National Corporation’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 1996 (File No. 1-13006))
3.1(d)	Certificate of Amendment by Shareholders to the Articles of Incorporation of Park National Corporation as filed with the Ohio Secretary of State on April 22, 1997 (Incorporated herein by reference to Exhibit 3(a)(1) to Park National Corporation’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 1997 (File No. 1-13006) (“Park’s June 30, 1997 Form 10-Q”))
3.1(e)	Certificate of Amendment by Shareholders as filed with the Ohio Secretary of State on December 18, 2008 in order to evidence the adoption by the shareholders of Park National Corporation on December 18, 2008 of an amendment to Article FOURTH of Park National Corporation’s Articles of Incorporation to authorize Park National Corporation to issue up to 200,000 preferred shares, without par value (Incorporated herein by reference to Exhibit 3.1 to Park National Corporation’s Current Report on Form 8-K dated and filed December 19, 2008 (File No. 1-13006))
3.1(f)	Certificate of Amendment by Directors to Articles as filed with the Ohio Secretary of State on December 19, 2008, evidencing adoption of amendment by Board of Directors of Park National Corporation to Article FOURTH of Articles of Incorporation to establish express terms of Fixed Rate Cumulative Perpetual Preferred Shares, Series A, each without par value, of Park National Corporation (Incorporated herein by reference to Exhibit 3.1 to Park National Corporation’s Current Report on Form 8-K dated and filed December 23, 2008 (File No. 1-13006))
3.1(g)	Certificate of Amendment by Shareholders filed with the Ohio Secretary of State on April 18, 2011 in order to evidence the adoption by Park National Corporation’s shareholders of an amendment to Article SIXTH of Park National Corporation’s Articles of Incorporation in order to provide that shareholders do not have preemptive rights (Incorporated herein by reference to Exhibit 3.1 to Park National Corporation’s Current Report on Form 8-K dated and filed April 19, 2011 (File No. 1-13006))
3.1(h)	Articles of Incorporation of Park National Corporation (reflecting amendments through April 18, 2011) [for SEC reporting compliance purposes only – not filed with Ohio Secretary of State] (Incorporated herein by reference to Exhibit 3.1(h) to Park National Corporation’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2011 (File No. 1-13006))
3.2(a)	Regulations of Park National Corporation (Incorporated herein by reference to Exhibit 3(b) to Park’s Form 8-B)

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3.2(b)	Certified Resolution regarding Adoption of Amendment to Subsection 2.02(A) of the Regulations of Park National Corporation by Shareholders on April 21, 1997 (Incorporated herein by reference to Exhibit 3(b)(1) to Park’s June 30, 1997 Form 10-Q)
3.2(c)	Certificate Regarding Adoption of Amendments to Sections 1.04 and 1.11 of Park National Corporation’s Regulations by the Shareholders on April 17, 2006 (Incorporated herein by reference to Exhibit 3.1 to Park National Corporation’s Current Report on Form 8-K dated and filed on April 18, 2006 (File No. 1-13006))
3.2(d)	Certificate Regarding Adoption by the Shareholders of Park National Corporation on April 21, 2008 of Amendment to Regulations to Add New Section 5.10 to Article Five (Incorporated herein by reference to Exhibit 3.2(d) to Park National Corporation’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2008 (File No. 1-13006) (“Park’s March 31, 2008 Form 10-Q”))
3.2(e)	Regulations of Park National Corporation (reflecting amendments through April 21, 2008) [For purposes of SEC reporting compliance only] (Incorporated herein by reference to Exhibit 3.2(e) to Park’s March 31, 2008 Form 10-Q)
10.1	Park National Corporation 2013 Long - Term Incentive Plan (Incorporated herein by reference to Exhibit 10.1 to Park's Current Report of Form 8-K dated and filed April 23, 2013 (File No. 1-13006))
31.1	Rule 13a – 14(a) / 15d – 14(a) Certifications (Principal Executive Officer) (filed herewith)
31.2	Rule 13a – 14(a) / 15d – 14(a) Certifications (Principal Financial Officer) (filed herewith)
32.1	Certifications Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code (Principal Executive Officer) (furnished herewith)
32.2	Certifications Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code (Principal Financial Officer) (furnished herewith)
101	The following information from Park’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2013 formatted in XBRL (eXtensible Business Reporting Language) pursuant to Rule 405 of Regulation S-T: (i) the Consolidated Condensed Balance Sheets as of June 30, 2013 (unaudited) and December 31, 2012; (ii) the Consolidated Condensed Statements of Income for the three and six months ended June 30, 2013 and 2012 (unaudited); (iii) the Consolidated Condensed Statements of Comprehensive Income for the three and six months ended June 30, 2013 and 2012 (unaudited); (iv) the Consolidated Condensed Statements of Changes in Stockholders’ Equity for the six months ended June 30, 2013 and 2012 (unaudited); (v) the Consolidated Condensed Statements of Cash Flows for the six-months ended June 30, 2013 and 2012 (unaudited); and (vi) the Notes to Unaudited Consolidated Condensed Financial Statements (electronically submitted herewith).

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	PARK NATIONAL CORPORATION
DATE: August 02, 2013	/s/ C. Daniel DeLawder
	C. Daniel DeLawder
	Chairman of the Board and
	Chief Executive Officer
DATE: August 02, 2013	/s/ Brady T. Burt
	Brady T. Burt
	Chief Financial Officer and
	Treasurer

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EX-31.1

Exhibit 31.1

CERTIFICATIONS

I, C. Daniel DeLawder, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2013, of Park National Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

DATE: August 02, 2013	/s/ C. Daniel DeLawder
	C. Daniel DeLawder
	Chairman of the Board and Chief Executive Officer
	(Principal Executive Officer)

EX-31.2

Exhibit 31.2

CERTIFICATIONS

I, Brady T. Burt, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2013, of Park National Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

DATE: August 02, 2013	/s/ Brady T. Burt
	Brady T. Burt
	Chief Financial Officer and Treasurer
	(Principal Financial Officer)

EX-32.1

Exhibit 32.1

CERTIFICATIONS PURSUANT TO SECTION 1350 OF

CHAPTER 63 OF TITLE 18 OF THE UNITED STATES CODE*

In connection with the Quarterly Report of Park National Corporation (the “Company”) on Form 10-Q for the quarterly period ended June 30, 2013 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, C. Daniel DeLawder, Chairman of the Board and Chief Executive Officer of the Company, certify, pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2) The information contained in the Report fairly presents, in all material respects, the consolidated financial condition and results of operations of the Company and its subsidiaries.

/s/ C. Daniel DeLawder

C. Daniel DeLawder

Chairman of the Board and Chief Executive Officer

(Principal Executive Officer)

DATE: August 02, 2013

*These certifications are being furnished as required by Rule 13a – 14(b) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Section 1350 of Chapter 63 of Title 18 of the United States Code, and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liability of that Section.

These certifications shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Company specifically incorporates these certifications by reference.

EX-32.2

Exhibit 32.2

CERTIFICATIONS PURSUANT TO SECTION 1350 OF

CHAPTER 63 OF TITLE 18 OF THE UNITED STATES CODE*

In connection with the Quarterly Report of Park National Corporation (the “Company”) on Form 10-Q for the quarterly period ended June 30, 2013 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Brady T. Burt, Chief Financial Officer and Treasurer, certify, pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2) The information contained in the Report fairly presents, in all material respects, the consolidated financial condition and results of operations of the Company and its subsidiaries.

/s/ Brady T. Burt

Brady T. Burt

Chief Financial Officer and Treasurer

(Principal Financial Officer)

DATE: August 02, 2013

*These certifications are being furnished as required by Rule 13a – 14(b) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Section 1350 of Chapter 63 of Title 18 of the United States Code, and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liability of that Section.

These certifications shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Company specifically incorporates these certifications by reference.

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Segment Information

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment Information

Segment Information

The Corporation is a bank holding company headquartered in Newark, Ohio. The operating segments for the Corporation are its chartered national bank subsidiary, The Park National Bank (headquartered in Newark, Ohio) (“PNB”), SE Property Holdings, LLC (“SEPH”), and Guardian Financial Services Company (“GFSC”).

Management is required to disclose information about the different types of business activities in which a company engages and also information on the different economic environments in which a company operates, so that the users of the financial statements can better understand the company’s performance, better understand the potential for future cash flows, and make more informed judgments about the company as a whole. Park has three operating segments, as: (i) discrete financial information is available for each operating segment and (ii) the segments are aligned with internal reporting to Park’s Chairman and Chief Executive Officer, who is the chief operating decision maker.

	Operating Results for the three months ended June 30, 2013
(In thousands)	PNB		GFSC			SEPH			All Other			Total
Net interest income (expense)	$	51,736	$	2,238		$	(347	)	$	1,085		$	54,712
Provision for (recovery of) loan losses	2,122		210			(1,659		)	—			673
Other income (loss)	18,536		(3		)	645			120			19,298
Other expense	40,408		810			3,909			1,443			46,570
Income (loss) before income taxes	$	27,742	$	1,215		$	(1,952	)	$	(238	)	$	26,767
Federal income taxes (benefit)	7,420		425			(683		)	(429		)	6,733
Net income (loss)	$	20,322	$	790		$	(1,269	)	$	191		$	20,034
Assets (as of June 30, 2013)	$	6,519,766	$	50,307		$	78,993		$	(8,593	)	$	6,640,473

	Operating Results for the three months ended June 30, 2012
(In thousands)	PNB		GFSC		SEPH			All Other			Total
Net interest income (expense)	$	56,022	$	2,305	$	(1,125	)	$	1,478		$	58,680
Provision for loan losses	3,756		200		1,282			—			5,238
Other income (loss)	17,700		—		(275		)	83			17,508
Other expense	37,260		706		5,999			1,839			45,804
Income (loss) before income taxes	$	32,706	$	1,399	$	(8,681	)	$	(278	)	$	25,146
Federal income taxes (benefit)	9,223		490		(3,041		)	(412		)	6,260
Net income (loss)	$	23,483	$	909	$	(5,640	)	$	134		$	18,886
Assets (as of June 30, 2012)	$	6,535,709	$	48,763	$	140,051		$	(18,949	)	$	6,705,574

	Operating Results for the six months ended June 30, 2013
(In thousands)	PNB		GFSC			SEPH			All Other			Total
Net interest income (expense)	$	104,471	$	4,371		$	(1,002	)	$	2,325		$	110,165
Provision for (recovery of) loan losses	5,252		420			(4,670		)	—			1,002
Other income (loss)	36,408		(1		)	1,476			220			38,103
Other expense	80,732		1,596			7,253			3,087			92,668
Income (loss) before income taxes	$	54,895	$	2,354		$	(2,109	)	$	(542	)	$	54,598
Federal income taxes (benefit)	14,633		824			(738		)	(865		)	13,854
Net income (loss)	$	40,262	$	1,530		$	(1,371	)	$	323		$	40,744

	Operating Results for the six months ended June 30, 2012
(In thousands)	PNB		GFSC		SEPH		All Other			Total
Net interest income	$	111,868	$	4,516	$	1,485	$	2,539		$	120,408
Provision for loan losses	8,428		450		4,698		—			13,576
Other income	34,361		—		449		151			34,961
Gain on sale of Vision business	—		—		22,167		—			22,167
Other expense	75,316		1,427		14,164		3,367			94,274
Income (loss) before income taxes	$	62,485	$	2,639	$	5,239	$	(677	)	$	69,686
Federal income taxes (benefit)	17,441		924		1,820		(860		)	19,325
Net income	$	45,044	$	1,715	$	3,419	$	183		$	50,361

The operating results of the Parent Company in the “All Other” column are used to reconcile the segment totals to the consolidated condensed statements of income for the three-month and six-month periods ended June 30, 2013 and 2012. The reconciling amounts for consolidated total assets for the periods ended June 30, 2013 and 2012 consisted of the elimination of intersegment borrowings and the assets of the Parent Company which were not eliminated.

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Allowance For Loan Losses (Activity In The Allowance For Loan Losses) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	$ 55,315	$ 59,758	$ 55,537	$ 68,444
Charge-offs	3,839	10,064	10,347	29,031
Recoveries	2,962	3,764	8,919	5,707
Net Charge-offs	877	6,300	1,428	23,324
Provision	673	5,238	1,002	13,576
Ending balance	55,111	58,696	55,111	58,696
Commercial, Financial And Agricultural [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	15,417	18,328	15,635	16,950
Charge-offs	776	5,423	3,484	9,961
Recoveries	728	124	917	592
Net Charge-offs	48	5,299	2,567	9,369
Provision	22	2,191	2,323	7,639
Ending balance	15,391	15,220	15,391	15,220
Commercial Real Estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	11,070	12,006	11,736	15,539
Charge-offs	742	935	1,076	5,869
Recoveries	222	247	262	339
Net Charge-offs	520	688	814	5,530
Provision	475	638	103	1,947
Ending balance	11,025	11,956	11,025	11,956
Construction Real Estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	7,556	9,747	6,841	14,433
Charge-offs	153	1,009	1,671	5,329
Recoveries	421	1,699	1,848	1,766
Net Charge-offs	(268)	(690)	(177)	3,563
Provision	(692)	1,256	114	823
Ending balance	7,132	11,693	7,132	11,693
Residential Real Estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	14,634	13,868	14,759	15,692
Charge-offs	648	1,701	1,322	5,623
Recoveries	1,142	1,187	4,640	1,796
Net Charge-offs	(494)	514	(3,318)	3,827
Provision	(481)	452	(3,430)	1,941
Ending balance	14,647	13,806	14,647	13,806
Consumer [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	6,638	5,809	6,566	5,830
Charge-offs	1,520	996	2,794	2,249
Recoveries	448	507	1,251	1,214
Net Charge-offs	1,072	489	1,543	1,035
Provision	1,350	701	1,893	1,226
Ending balance	6,916	6,021	6,916	6,021
Leases [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	0	0	0	0
Charge-offs	0	0	0	0
Recoveries	1	0	1	0
Net Charge-offs	(1)	0	(1)	0
Provision	(1)	0	(1)	0
Ending balance	$ 0	$ 0	$ 0	$ 0

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Consolidated Condensed Statements Of Income (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Interest and dividend income:
Interest and fees on loans	$ 56,388	$ 57,593	$ 112,163	$ 118,698
Interest and dividends on:
Obligations of U.S. Government, its agencies and other securities	8,673	13,794	18,915	27,378
Obligations of states and political subdivisions	16	42	33	88
Other interest income	202	57	360	160
Total interest and dividend income	65,279	71,486	131,471	146,324
Interest on deposits:
Demand and savings deposits	468	602	969	1,356
Time deposits	2,900	4,121	5,990	8,760
Interest on borrowings:
Short-term borrowings	134	163	278	338
Long-term debt	7,065	7,920	14,069	15,462
Total interest expense	10,567	12,806	21,306	25,916
Net interest income	54,712	58,680	110,165	120,408
Provision for loan losses	673	5,238	1,002	13,576
Net interest income after provision for loan losses	54,039	53,442	109,163	106,832
Other income:
Income from fiduciary activities	4,328	4,044	8,404	7,872
Service charges on deposit accounts	4,070	4,154	7,892	8,225
Other service income	3,352	3,417	7,337	6,151
Checkcard fee income	3,316	3,180	6,299	6,352
Bank owned life insurance income	1,254	1,184	2,456	2,386
ATM fees	677	536	1,304	1,144
OREO valuation adjustments	(600)	(2,648)	(199)	(4,007)
Gain on sale of OREO, net	1,633	2,203	1,857	3,248
Gain on sale of the Vision business	0		0	22,167
Other	1,268	1,438	2,753	3,590
Total other income	19,298	17,508	38,103	57,128
Other expense:
Salaries and employee benefits	24,679	22,813	49,312	47,636
Occupancy expense	2,444	2,249	5,041	4,919
Furniture and equipment expense	2,981	2,727	5,588	5,348
Data processing fees	1,049	899	2,068	2,099
Professional fees and services	5,880	5,800	11,744	11,381
Amortization of intangibles	113	140	225	1,894
Marketing	953	705	1,801	1,548
Insurance	1,338	1,400	2,640	2,890
Communication	1,453	1,494	3,033	3,031
Excise and Sales Taxes	928	933	1,856	1,922
Loan put provision	0	2,701	0	3,363
Other Real Estate Owned Expense	969	1,106	1,481	1,829
Other expense	3,783	2,837	7,879	6,414
Total other expense	46,570	45,804	92,668	94,274
Income (loss) before income taxes	26,767	25,146	54,598	69,686
Income taxes	6,733	6,260	13,854	19,325
Net income	20,034	18,886	40,744	50,361
Preferred stock dividends and accretion	0	1,948	0	3,425
Net income available to common shareholders	$ 20,034	$ 16,938	$ 40,744	$ 46,936
Net income available to common shareholders
Basic	$ 1.30	$ 1.10	$ 2.64	$ 3.05
Diluted	$ 1.30	$ 1.10	$ 2.64	$ 3.05
Weighted average common shares outstanding
Basic	15,411,981	15,405,902	15,411,986	15,405,906
Diluted	15,411,981	15,405,902	15,411,986	15,409,690
Cash dividends declared	$ 0.94	$ 0.94	$ 1.88	$ 1.88

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Basis Of Presentation

6 Months Ended

Jun. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis Of Presentation

Basis of Presentation

The accompanying unaudited consolidated condensed financial statements included in this report have been prepared for Park National Corporation (sometimes also referred to as the “Registrant”) and its subsidiaries. Unless the context otherwise requires, references to "Park", the "Corporation" or the "Company" and similar terms mean Park National Corporation and its subsidiaries. In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the results of operations for the interim periods included herein have been made. The results of operations for the three-month and six-month periods ended June 30, 2013 are not necessarily indicative of the operating results to be anticipated for the fiscal year ending December 31, 2013.

The accompanying unaudited consolidated condensed financial statements have been prepared in accordance with the instructions for Form 10-Q and, therefore, do not include all information and footnotes necessary for a fair presentation of the condensed balance sheets, condensed statements of income, condensed statements of comprehensive income, condensed statements of changes in stockholders’ equity and condensed statements of cash flows in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). These financial statements should be read in conjunction with the consolidated financial statements incorporated by reference in the Annual Report on Form 10-K of Park for the fiscal year ended December 31, 2012 from Park’s 2012 Annual Report to Shareholders (“2012 Annual Report”).

Park’s significant accounting policies are described in Note 1 of the Notes to Consolidated Financial Statements included in Park’s 2012 Annual Report. For interim reporting purposes, Park follows the same basic accounting policies, as updated by the information contained in this report, and considers each interim period an integral part of an annual period. Management has evaluated events occurring subsequent to the balance sheet date, determining no events require additional disclosure in these consolidated condensed financial statements.

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Fair Value

6 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Fair Value

Fair Value

The fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs that Park uses to measure fair value are as follows:

• Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that Park has the ability to access as of the measurement date.

• Level 2: Level 1 inputs for assets or liabilities that are not actively traded. Also consists of an observable market price for a similar asset or liability. This includes the use of “matrix pricing” to value debt securities absent the exclusive use of quoted prices.

• Level 3: Consists of unobservable inputs that are used to measure fair value when observable market inputs are not available. This could include the use of internally developed models, financial forecasting and similar inputs.

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability between market participants at the balance sheet date. When possible, the Company looks to active and observable markets to price identical assets or liabilities. When identical assets and liabilities are not traded in active markets, the Company looks to observable market data for similar assets and liabilities. However, certain assets and liabilities are not traded in observable markets and Park must use other valuation methods to develop a fair value. The fair value of impaired loans is typically based on the fair value of the underlying collateral, which is estimated through third-party appraisals or internal estimates of collateral values.

Assets and Liabilities Measured at Fair Value on a Recurring Basis:

The following table presents assets and liabilities measured at fair value on a recurring basis:

Fair Value Measurements at June 30, 2013 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at June 30, 2013
Assets
Investment securities:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	—	$	594,732	$	—	$	594,732
Obligations of states and political subdivisions	—		809		—		809
U.S. Government sponsored entities’ asset-backed securities	—		449,282		—		449,282
Equity securities	1,757		—		795		2,552
Mortgage loans held for sale	—		13,138		—		13,138
Mortgage IRLCs	—		133		—		133
Liabilities
Fair value swap	$	—	$	—	$	135	$	135

Fair Value Measurements at December 31, 2012 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2012
Assets
Investment securities:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	—	$	695,727	$	—	$	695,727
Obligations of states and political subdivisions	—		1,003		—		1,003
U.S. Government sponsored entities’ asset-backed securities	—		415,502		—		415,502
Equity securities	1,442		—		780		2,222
Mortgage loans held for sale	—		25,743		—		25,743
Mortgage IRLCs	—		372		—		372
Liabilities
Fair value swap	$	—	$	—	$	135	$	135

There were no transfers between Level 1 and Level 2 during 2013 or 2012. Management’s policy is to transfer assets or liabilities from one level to another when the methodology to obtain the fair value changes such that there are more or fewer unobservable inputs as of the end of the reporting period.

The following methods and assumptions were used by the Company in determining fair value of the financial assets and liabilities discussed above:

Investment securities: Fair values for investment securities are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments. The Fair Value Measurements tables exclude Park’s Federal Home Loan Bank stock and Federal Reserve Bank stock. These assets are carried at their respective redemption values, as it is not practicable to calculate their fair values. For securities where quoted prices or market prices of similar securities are not available, which include municipal securities, fair values are calculated using discounted cash flows.

Fair value swap: The fair value of the swap agreement entered into with the purchaser of the Visa Class B shares represents an internally developed estimate of the exposure based upon probability-weighted potential Visa litigation losses.

Mortgage Interest Rate Lock Commitments (IRLCs): IRLCs are based on current secondary market pricing and are classified as Level 2.

Mortgage loans held for sale: Mortgage loans held for sale are carried at their fair value. Mortgage loans held for sale are estimated using security prices for similar product types and, therefore, are classified in Level 2.

The table below is a reconciliation of the beginning and ending balances of the Level 3 inputs for the three and six months ended June 30, 2013 and 2012, for financial instruments measured on a recurring basis and classified as Level 3:

Level 3 Fair Value Measurements

Three months ended June 30, 2013 and 2012

(In thousands)	Equity Securities			Fair value swap
Balance, at April 1, 2013	$	776		$	(135	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	19			—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			—
Balance at June 30, 2013	$	795		$	(135	)
Balance, at April 1, 2012	$	756		$	(135	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	(18		)	—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			—
Balance at June 30, 2012	$	738		$	(135	)

Level 3 Fair Value Measurements

Six months ended June 30, 2013 and 2012

(In thousands)	Equity Securities			Fair value swap
Balance, at January 1, 2013	$	780		$	(135	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	15			—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			—
Balance at June 30, 2013	$	795		$	(135	)
Balance, at January 1, 2012	$	763		$	(700	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	(25		)	—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			565
Balance at June 30, 2012	$	738		$	(135	)

Assets and liabilities measured at fair value on a nonrecurring basis:

The following methods and assumptions were used by the Company in determining the fair value of assets and liabilities measured at fair value on a nonrecurring basis described below:

Impaired Loans: At the time a loan is considered impaired, it is valued at the lower of cost or fair value. Impaired loans carried at fair value have been partially charged-off or receive specific allocations of the allowance for loan losses. For collateral dependent loans, fair value is generally based on real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments result in a Level 3 classification of the inputs for determining fair value. Collateral is then adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. Additionally, updated valuations are obtained annually for all impaired loans in accordance with Company policy.

Other Real Estate Owned (OREO): Assets acquired through or in lieu of loan foreclosure are initially recorded at fair value less costs to sell when acquired. The carrying value of OREO is not re-measured to fair value on a recurring basis, but is subject to fair value adjustments when the carrying value exceeds the fair value, less estimated selling costs. Fair value is based on recent real estate appraisals and is updated at least annually. These appraisals may utilize a single valuation approach or a combination of approaches including the comparable sales approach and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments result in a Level 3 classification of the inputs for determining fair value.

Appraisals for both collateral dependent impaired loans and OREO are performed by licensed appraisers. Appraisals are generally obtained to support the fair value of collateral. In general, there are two types of appraisals, real estate appraisals and lot development loan appraisals, received by the Company. These are discussed below:

• Real estate appraisals typically incorporate measures such as recent sales prices for comparable properties. Appraisers may make adjustments to the sales prices of the comparable properties as deemed appropriate based on the age, condition or general characteristics of the subject property. Management generally applies a 15% discount to real estate appraised values which management expects will cover all disposition costs (including selling costs). This 15% discount is based on historical discounts to appraised values on sold OREO properties.

• Lot development loan appraisals are typically performed using a discounted cash flow analysis. Appraisers determine an anticipated absorption period and a discount rate that takes into account an investor’s required rate of return based on recent comparable sales. Management generally applies a 6% discount to lot development appraised values, which is an additional discount above the net present value calculation included in the appraisal, to account for selling costs.

MSRs: MSRs are carried at the lower of cost or fair value. MSRs do not trade in active, open markets with readily observable prices. For example, sales of MSRs do occur, but precise terms and conditions typically are not readily available. As such, management, with the assistance of a third-party specialist, determines fair value based on the discounted value of the future cash flows estimated to be received. Significant inputs include the discount rate and assumed prepayment speeds utilized. The calculated fair value is then compared to market values where possible to ascertain the reasonableness of the valuation in relation to current market expectations for similar products. Accordingly, MSRs are classified as Level 2.

The following tables present assets and liabilities measured at fair value on a nonrecurring basis. Collateral dependent impaired loans are carried at fair value if they have been charged down to fair value or if a specific valuation allowance has been established. A new cost basis is established at the time a property is initially recorded in OREO. OREO properties are carried at fair value if a devaluation has been taken to the property's value subsequent to the initial measurement.

Fair Value Measurements at June 30, 2013 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at June 30, 2013
Impaired loans:
Commercial real estate	$	—	$	—	$	22,658	$	22,658
Construction real estate:
SEPH commercial land and development	—		—		9,074		9,074
Remaining commercial	—		—		8,280		8,280
Residential real estate	—		—		6,737		6,737
Total impaired loans	$	—	$	—	$	46,749	$	46,749
Mortgage servicing rights	$	—	$	5,755	$	—	$	5,755
OREO:
Commercial real estate	—		—		4,255		4,255
Construction real estate	—		—		9,972		9,972
Residential real estate	—		—		2,983		2,983
Total OREO	$	—	$	—	$	17,210	$	17,210

Fair Value Measurements at December 31, 2012 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2012
Impaired loans:
Commercial real estate	$	—	$	—	$	25,997	$	25,997
Construction real estate:
SEPH commercial land and development	—		—		12,832		12,832
Remaining commercial	—		—		8,113		8,113
Residential real estate	—		—		6,990		6,990
Total impaired loans	$	—	$	—	$	53,932	$	53,932
Mortgage servicing rights	$	—	$	6,642	$	—	$	6,642
OREO:
Commercial real estate	—		—		3,485		3,485
Construction real estate	—		—		12,134		12,134
Residential real estate	—		—		4,307		4,307
Total OREO	$	—	$	—	$	19,926	$	19,926

Impaired loans had a book value of $126.1 million at June 30, 2013, after partial charge-offs of $96.8 million. Additionally, these impaired loans had a specific valuation allowance of $7.5 million. Of the $126.1 million impaired loan portfolio at June 30, 2013, loans with a book value of $51.0 million were carried at their fair value of $46.7 million, as a result of charge-offs of $83.4 million and a specific valuation allowance of $4.3 million. An additional specific valuation allowance of $3.2 million at June 30, 2013 related to loans which are not collateral dependent and are thus not included in the fair value table above. The remaining $75.1 million of impaired loans were carried at cost, as the fair value of the underlying collateral or present value of expected future cash flows on each of these loans exceeded the book value for each individual credit. At December 31, 2012, impaired loans had a book value of $137.2 million, after partial charge-offs of $105.1 million. Additionally, these impaired loans had a specific valuation allowance of $8.3 million. Of the $137.2 million impaired loan portfolio at December 31, 2012, loans with a book value of $59.0 million were carried at their fair value of $53.9 million as a result of partial charge-offs of $91.6 million and a specific valuation allowance for those loans carried at fair value of $5.1 million. An additional specific valuation allowance of $3.2 million at December 31, 2012 related to loans which are not collateral dependent and are thus not included in the fair value table above. The remaining $78.2 million of impaired loans at December 31, 2012 were carried at cost. The financial impact of credit adjustments related to impaired loans carried at fair value during the three months ended June 30, 2013 and 2012 was $(0.2) million and $4.4 million, respectively. The financial impact of credit adjustments related to impaired loans carried at fair value during the six months ended June 30, 2013 and 2012 was $2.1 million and $8.7 million, respectively.

MSRs, which are carried at the lower of cost or fair value, were recorded at $8.3 million at June 30, 2013. Of the $8.3 million MSR carrying balance at June 30, 2013, $5.8 million was recorded at fair value and included a valuation allowance of $2.1 million. The remaining $2.5 million was recorded at cost, as the fair value exceeded cost at June 30, 2013. At December 31, 2012, MSRs were recorded at $7.8 million, including a valuation allowance of $2.3 million. Expense related to MSRs carried at fair value during the three-month periods ended June 30, 2013 and 2012 was $(178,000) and $46,000, respectively. Expense related to MSRs carried at fair value during the six-month periods ended June 30, 2013 and 2012 was $(240,000) and $46,000, respectively.

At June 30, 2013 and December 31, 2012, the estimated fair value of OREO, less estimated selling costs, amounted to $17.2 million and $19.9 million, respectively. The financial impact of OREO fair value adjustments was $0.6 million and $2.6 million for the three-month periods ended June 30, 2013 and 2012, respectively, and was $0.2 million and $4.0 million for the six-month periods ended June 30, 2013 and 2012, respectively.

The following tables present qualitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at June 30, 2013 and December 31, 2012:

June 30, 2013
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Impaired loans:
Commercial real estate	$	22,658	Sales comparison approach	Adj to comparables	0.0% - 111.0% (23.3%)
			Income approach	Capitalization rate	8.6% - 20.9% (9.7%)
			Cost approach	Accumulated depreciation	38.0% - 65.0% (53.0%)
Construction real estate:
SEPH commercial land and development	$	9,074	Sales comparison approach	Adj to comparables	0.0% - 218.0% (16.8%)
			Bulk sale approach	Discount rate	11.0% - 35.0% (17.1%)
Remaining commercial	$	8,280	Sales comparison approach	Adj to comparables	0.0% - 75.0% (23.7%)
			Bulk sale approach	Discount rate	11.0% - 35.0% (17.6%)
Residential real estate	$	6,737	Sales comparison approach	Adj to comparables	0.0% - 178.0% (15.9%)
			Income approach	Capitalization rate	7.8% - 10.5% (8.2%)
Other real estate owned:
Commercial real estate	$	4,255	Sales comparison approach	Adj to comparables	0.0% - 85.0% (34.1%)
			Income approach	Capitalization rate	8.5% - 11.5% (10.2%)
			Bulk sale approach	Discount rate	10.0% (10.0%)
			Cost approach	Accumulated depreciation	40.0% - 90.0% (65.0%)
Construction real estate	$	9,972	Sales comparison approach	Adj to comparables	0.0% - 312.0% (29.8%)
			Bulk sale approach	Discount rate	13.0% (13.0%)
Residential real estate	$	2,983	Sales comparison approach	Adj to comparables	0.0% - 173.7% (19.5%)
			Income approach	Capitalization rate	9.75% (9.75%)

December 31, 2012
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Impaired loans:
Commercial real estate	$	25,997	Sales comparison approach	Adj to comparables	0.0% - 116.0% (22.3%)
			Income approach	Capitalization rate	7.5% - 20.9% (10.1%)
			Cost approach	Accumulated depreciation	23.0% - 63.0% (50.4%)
Construction real estate:
SEPH commercial land and development	$	12,832	Sales comparison approach	Adj to comparables	0.0% - 218.0% (31.9%)
			Bulk sale approach	Discount rate	11.0% - 55.0% (23.4%)
Remaining commercial	$	8,113	Sales comparison approach	Adj to comparables	0.0% - 75.0% (26.2%)
			Bulk sale approach	Discount rate	10.0% - 55.0% (18.3%)
Residential real estate	$	6,990	Sales comparison approach	Adj to comparables	0.0% - 178.0% (17.9%)
Other real estate owned:
Commercial real estate	$	3,485	Sales comparison approach	Adj to comparables	0.0% - 67.0% (25.8%)
			Income approach	Capitalization rate	11.0% (11.0%)
			Bulk sale approach	Discount rate	13.0% (13.0%)
			Cost approach	Accumulated depreciation	40.9% - 90.0% (65.0%)
Construction real estate	$	12,134	Sales comparison approach	Adj to comparables	0.0% - 273.0% (34.0%)
			Income approach	Capitalization rate	8.5% (8.5%)
			Bulk sale approach	Discount rate	10.0% - 12.0% (10.8%)
Residential real estate	$	4,307	Sales comparison approach	Adj to comparables	1.0% - 61.0% (18.0%)
			Income approach	Capitalization rate	7.9% - 9.3% (8.7%)
			Cost approach	Accumulated depreciation	6.0% (6.0%)

The following methods and assumptions were used by the Corporation in estimating its fair value disclosures for assets and liabilities not discussed above:

Cash and cash equivalents:The carrying amounts reported in the consolidated condensed balancesheets for cash and short-term instruments approximate those assets’ fair values.

Loans receivable:For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. The fair values for certain mortgage loans (e.g., one-to-four family residential) are based on quoted market prices of similar loans sold in conjunction with securitization transactions, adjusted for differences in loan characteristics. The fair values for other loans are estimated using discounted cash flow analyses, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality.

Off-balance sheet instruments:Fair values for the Corporation’s loan commitments and standby letters of credit are based on the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. The carrying amount and fair value are not material.

Deposit liabilities:The fair values disclosed for demand deposits (e.g., interest and non-interest checking, savings, and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). The carrying amounts for variable-rate, fixed-term certificates of deposit approximate their fair values at the reporting date. Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities of time deposits.

Short-term borrowings:The carrying amounts of federal funds purchased, borrowings under repurchase agreements and other short-term borrowings approximate their fair values.

Long-term debt:Fair values for long-term debt are estimated using a discounted cash flow calculation that applies interest rates currently being offered on long-term debt to a schedule of monthly maturities.

Subordinated debentures and notes:Fair values for subordinated debentures and notes are estimated using a discounted cash flow calculation that applies interest rate spreads currently being offered on similar debt structures to a schedule of monthly maturities.

The fair value of financial instruments at June 30, 2013 and December 31, 2012, was as follows:

	June 30, 2013
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	353,926	$	353,926	$	—	$	—	$	353,926
Investment securities	1,279,162		1,757		1,283,342		795		1,285,894
Accrued interest receivable - securities	4,719		—		4,719		—		4,719
Accrued interest receivable - loans	14,121		—		—		14,121		14,121
Mortgage loans held for sale	13,138		—		13,138		—		13,138
Mortgage IRLCs	133		—		133		—		133
Impaired loans carried at fair value	46,749		—		—		46,749		46,749
Other loans, net	4,395,585		—		—		4,424,036		4,424,036
Loans receivable, net	$	4,455,605	$	—	$	13,271	$	4,470,785	$	4,484,056
Financial liabilities:
Noninterest bearing checking accounts	$	1,095,454	$	1,095,454	$	—	$	—	$	1,095,454
Interest bearing transactions accounts	1,272,481		1,272,481		—		—		1,272,481
Savings accounts	1,093,804		1,093,804		—		—		1,093,804
Time deposits	1,385,469		—		1,392,678		—		1,392,678
Other	4,106		4,106		—		—		4,106
Total deposits	$	4,851,314	$	3,465,845	$	1,392,678	$	—	$	4,858,523
Short-term borrowings	$	223,489	$	—	$	223,489	$	—	$	223,489
Long-term debt	783,136		—		841,234		—		841,234
Subordinated debentures/notes	80,250		—		85,245		—		85,245
Accrued interest payable – deposits	1,754		26		1,728		—		1,754
Accrued interest payable – debt/borrowings	1,478		14		1,464		—		1,478
Derivative financial instruments:
Fair value swap	$	135	$	—	$	—	$	135	$	135

	December 31, 2012
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	201,305	$	201,305	$	—	$	—	$	201,305
Investment securities	1,515,844		1,442		1,522,937		780		1,525,159
Accrued interest receivable - securities	6,122		—		6,122		—		6,122
Accrued interest receivable - loans	13,588		—		2		13,586		13,588
Mortgage loans held for sale	25,743		—		25,743		—		25,743
Mortgage IRLCs	372		—		372		—		372
Impaired loans carried at fair value	53,932		—		—		53,932		53,932
Other loans, net	4,314,738		—		—		4,348,705		4,348,705
Loans receivable, net	$	4,394,785	$	—	$	26,115	$	4,402,637	$	4,428,752
Financial liabilities:
Noninterest bearing checking accounts	$	1,137,290	$	1,137,290	$	—	—		$	1,137,290
Interest bearing transactions accounts	1,088,617		1,088,617		—		—		1,088,617
Savings accounts	1,038,356		1,038,356		—		—		1,038,356
Time deposits	1,450,424		—		1,458,793		—		1,458,793
Other	1,345		1,345		—		—		1,345
Total deposits	$	4,716,032	$	3,265,608	$	1,458,793	$	—	$	4,724,401
Short-term borrowings	$	344,168	$	—	$	344,168	$	—	$	344,168
Long-term debt	781,658		—		861,466		—		861,466
Subordinated debentures/notes	80,250		—		79,503		—		79,503
Accrued interest payable – deposits	1,960		21		1,939		—		1,960
Accrued interest payable – debt/borrowings	1,499		8		1,491		—		1,499
Derivative financial instruments:
Fair value swap	$	135	$	—	$	—	$	135	$	135

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Loan Servicing (Activity For MSRs And Related Valuation Allowance) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Servicing Asset at Amortized Value, Balance [Roll Forward]
Carrying amount, net, beginning of period	$ 8,121	$ 8,975	$ 7,763	$ 9,301
Additions	688	697	1,799	1,259
Amortization	(727)	(817)	(1,542)	(1,705)
Changes in valuation inputs & assumptions	178	(46)	240	(46)
Carrying amount, net, end of period	8,260	8,809	8,260	8,809
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Valuation allowance, beginning of period	2,262	1,021	2,324	1,021
Changes in valuation allowance	(178)	46	(240)	46
Valuation allowance, end of period	$ 2,084	$ 1,067	$ 2,084	$ 1,067

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Earnings Per Common Share (Summary Of Computation Of Basic And Diluted Earnings Per Common Share) (Details) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Earnings Per Share [Abstract]
Income available to common shareholders	$ 20,034	$ 16,938	$ 40,744	$ 46,936
Denominator for basic earnings per share (weighted average common shares outstanding)	15,411,981	15,405,902	15,411,986	15,405,906
Effect of dilutive options and warrants	0	0	0	3,784
Denominator for diluted earnings per share (weighted average common shares outstanding adjusted for the effect of dilutive options and warrants)	15,411,981	15,405,902	15,411,986	15,409,690
Basic earnings per common share	$ 1.30	$ 1.10	$ 2.64	$ 3.05
Diluted earnings per common share	$ 1.30	$ 1.10	$ 2.64	$ 3.05

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Mortgage Loans Held For Sale

6 Months Ended

Jun. 30, 2013

Loans Receivable Held-for-sale, Net [Abstract]

Mortgage Loans Held For Sale

Mortgage Loans Held For Sale

Mortgage loans held for sale are carried at their fair value. At June 30, 2013 and December 31, 2012, respectively, Park had approximately $13.1 million and $25.7 million in mortgage loans held for sale. These amounts are included in loans on the consolidated condensed balance sheets and in the residential real estate loan segments in Notes 5 and 6. The contractual balance was $13.0 million and $25.2 million at June 30, 2013 and December 31, 2012, respectively. The gain expected upon sale was $177,000 and $568,000 at June 30, 2013 and December 31, 2012, respectively. None of these loans were 90 days or more past due or on nonaccrual status as of June 30, 2013 or December 31, 2012.

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Loans (Average Recorded Investment And Interest Income Recognized On Loans Individually Evaluated For Impairment) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012
Financing Receivable, Impaired [Line Items]
Recorded investment	$ 126,102	$ 169,690	$ 126,102	$ 169,690	$ 137,339
Average recorded investment	127,057	174,963	130,405	177,738
Interest income recognized	645	817	1,379	1,420
Commercial, Financial And Agricultural [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	20,154	41,591	20,154	41,591
Average recorded investment	21,148	42,056	21,252	41,218
Interest income recognized	82	205	210	310
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	9,074	17,272	9,074	17,272
Average recorded investment	9,532	18,412	10,854	20,302
Interest income recognized
Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	18,535	29,562	18,535	29,562
Average recorded investment	19,390	31,428	20,103	28,899
Interest income recognized	192	199	412	450
Residential Real Estate - Commercial [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	35,412	37,277	35,412	37,277
Average recorded investment	36,141	40,359	35,897	41,541
Interest income recognized	112	125	242	165
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	42,128	43,969	42,128	43,969
Average recorded investment	40,047	42,689	41,840	45,758
Interest income recognized	259	287	515	494
Consumer [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	799	19	799	19
Average recorded investment	799	19	459	20
Interest income recognized		$ 1		$ 1

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Segment Information (Schedule Of Operating Results By Segment) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013 segments	Jun. 30, 2012	Dec. 31, 2012
Segment Reporting Information [Line Items]
Number of Operating Segments			3
Net interest income	$ 54,712	$ 58,680	$ 110,165	$ 120,408
Provision for loan losses	673	5,238	1,002	13,576
Other income and security gains	19,298	17,508	38,103	34,961
Gain on sale of the Vision business	0		0	22,167
Noninterest Expense	46,570	45,804	92,668	94,274
Income (loss) before income taxes	26,767	25,146	54,598	69,686
Income Tax Expense (Benefit)	6,733	6,260	13,854	19,325
Net income	20,034	18,886	40,744	50,361
Assets	6,640,473	6,705,574	6,640,473	6,705,574	6,642,803
PNB [Member]
Segment Reporting Information [Line Items]
Net interest income	51,736	56,022	104,471	111,868
Provision for loan losses	2,122	3,756	5,252	8,428
Other income and security gains	18,536	17,700	36,408	34,361
Noninterest Expense	40,408	37,260	80,732	75,316
Income (loss) before income taxes	27,742	32,706	54,895	62,485
Income Tax Expense (Benefit)	7,420	9,223	14,633	17,441
Net income	20,322	23,483	40,262	45,044
Assets	6,519,766	6,535,709	6,519,766	6,535,709
GFSC [Member]
Segment Reporting Information [Line Items]
Net interest income	2,238	2,305	4,371	4,516
Provision for loan losses	210	200	420	450
Other income and security gains	(3)		(1)
Noninterest Expense	810	706	1,596	1,427
Income (loss) before income taxes	1,215	1,399	2,354	2,639
Income Tax Expense (Benefit)	425	490	824	924
Net income	790	909	1,530	1,715
Assets	50,307	48,763	50,307	48,763
SEPH [Member]
Segment Reporting Information [Line Items]
Net interest income	(347)	(1,125)	(1,002)	1,485
Provision for loan losses	(1,659)	1,282	(4,670)	4,698
Other income and security gains	645	(275)	1,476	449
Gain on sale of the Vision business				22,167
Noninterest Expense	3,909	5,999	7,253	14,164
Income (loss) before income taxes	(1,952)	(8,681)	(2,109)	5,239
Income Tax Expense (Benefit)	(683)	(3,041)	(738)	1,820
Net income	(1,269)	(5,640)	(1,371)	3,419
Assets	78,993	140,051	78,993	140,051
All Other [Member]
Segment Reporting Information [Line Items]
Net interest income	1,085	1,478	2,325	2,539
Provision for loan losses
Other income and security gains	120	83	220	151
Noninterest Expense	1,443	1,839	3,087	3,367
Income (loss) before income taxes	(238)	(278)	(542)	(677)
Income Tax Expense (Benefit)	(429)	(412)	(865)	(860)
Net income	191	134	323	183
Assets	$ (8,593)	$ (18,949)	$ (8,593)	$ (18,949)

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Other Comprehensive Income (Loss) Other Comprehensive Income (Loss) Net of Tax (Tables)

6 Months Ended

Jun. 30, 2013

Statement of Comprehensive Income [Abstract]

Comprehensive Income (Loss) [Table Text Block]

Other comprehensive income (loss) components, net of tax, are shown in the following table for the three-month and six-month periods ended June 30, 2013 and 2012:

(in thousands)		Changes in pension plan assets and benefit obligations			Unrealized gains and losses on available for sale securities			Unrealized net holding loss on cash flow hedge			Total
Beginning balance at December 31, 2012		$	(27,134	)	$	9,616		$	—		$	(17,518	)
	Other comprehensive loss before reclassifications	—			(22,916		)	—			(22,916		)
	Amounts reclassified from accumulated other comprehensive income	—			—			—			—
Net current period other comprehensive loss		—			(22,916		)	—			(22,916		)
Ending balance at June 30, 2013		$	(27,134	)	$	(13,300	)	$	—		$	(40,434	)
Beginning balance at December 31, 2011		$	(20,954	)	$	12,673		$	(550	)	$	(8,831	)
Net current period other comprehensive income (loss)		412			604			259			1,275
Ending balance at June 30, 2012		$	(20,542	)	$	13,277		$	(291	)	$	(7,556	)

(in thousands)		Changes in pension plan assets and benefit obligations			Unrealized gains and losses on available for sale securities			Unrealized net holding loss on cash flow hedge			Total
Beginning balance at March 31, 2013		$	(27,134	)	$	7,237		$	—		$	(19,897	)
	Other comprehensive loss before reclassifications	—			(20,537		)	—			(20,537		)
	Amounts reclassified from accumulated other comprehensive income	—			—			—			—
Net current period other comprehensive loss		—			(20,537		)	—			(20,537		)
Ending balance at June 30, 2013		$	(27,134	)	$	(13,300	)	$	—		$	(40,434	)
Beginning balance at March 31, 2012		$	(20,542	)	$	10,471		$	(437	)	$	(10,508	)
Net current period other comprehensive income (loss)		—			2,806			146			2,952
Ending balance at June 30, 2012		$	(20,542	)	$	13,277		$	(291	)	$	(7,556	)

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Sale Of Vision Bank Business (Tables)

6 Months Ended

Jun. 30, 2012

Discontinued Operations and Disposal Groups [Abstract]

Schedule Of Composition Of Pre-Tax Gain On Sale Of Business

The pre-tax gain, net of expense is summarized in the table below:

(in thousands)
Premium paid	$	27,913
One-time gains	298
Loss on sale of fixed assets	(2,434		)
Employment and severance agreements	(1,610		)
Other one-time charges, including estimates	(2,000		)
Pre-tax gain	$	22,167

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Other Comprehensive Income (Loss) Other Comprehensive Income (Loss) (Notes)

6 Months Ended

Jun. 30, 2013

Statement of Comprehensive Income [Abstract]

Comprehensive Income (Loss) Note [Text Block]

Other Comprehensive Income (Loss)

Other comprehensive income (loss) components, net of tax, are shown in the following table for the three-month and six-month periods ended June 30, 2013 and 2012:

(in thousands)		Changes in pension plan assets and benefit obligations			Unrealized gains and losses on available for sale securities			Unrealized net holding loss on cash flow hedge			Total
Beginning balance at December 31, 2012		$	(27,134	)	$	9,616		$	—		$	(17,518	)
	Other comprehensive loss before reclassifications	—			(22,916		)	—			(22,916		)
	Amounts reclassified from accumulated other comprehensive income	—			—			—			—
Net current period other comprehensive loss		—			(22,916		)	—			(22,916		)
Ending balance at June 30, 2013		$	(27,134	)	$	(13,300	)	$	—		$	(40,434	)
Beginning balance at December 31, 2011		$	(20,954	)	$	12,673		$	(550	)	$	(8,831	)
Net current period other comprehensive income (loss)		412			604			259			1,275
Ending balance at June 30, 2012		$	(20,542	)	$	13,277		$	(291	)	$	(7,556	)

(in thousands)		Changes in pension plan assets and benefit obligations			Unrealized gains and losses on available for sale securities			Unrealized net holding loss on cash flow hedge			Total
Beginning balance at March 31, 2013		$	(27,134	)	$	7,237		$	—		$	(19,897	)
	Other comprehensive loss before reclassifications	—			(20,537		)	—			(20,537		)
	Amounts reclassified from accumulated other comprehensive income	—			—			—			—
Net current period other comprehensive loss		—			(20,537		)	—			(20,537		)
Ending balance at June 30, 2013		$	(27,134	)	$	(13,300	)	$	—		$	(40,434	)
Beginning balance at March 31, 2012		$	(20,542	)	$	10,471		$	(437	)	$	(10,508	)
Net current period other comprehensive income (loss)		—			2,806			146			2,952
Ending balance at June 30, 2012		$	(20,542	)	$	13,277		$	(291	)	$	(7,556	)

During the three-month and six-month periods ended June 30, 2013, there were no reclassifications out of accumulated other comprehensive income.

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Loans (Loans Individually And Collectively Evaluated For Impairment) (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended	12 Months Ended
	Jun. 30, 2013	Dec. 31, 2012
Financing Receivable, Impaired [Line Items]
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	$ 7,466	$ 8,276
Nonaccrual and accruing restructured loans	167,884	185,482
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment	126,102	137,339
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment	41,782	48,143
Partial Charge-Offs On Impaired Loans	96,800	105,100
Commercial, Financial And Agricultural [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual and accruing restructured loans	20,171	22,601
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment	20,154	22,587
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment	17	14
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual and accruing restructured loans	9,103	13,939
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment	9,074	13,260
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment	29	679
Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual and accruing restructured loans	18,535	21,574
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment	18,535	21,574
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment
Construction Real Estate - Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual and accruing restructured loans	159	258
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment	159	258
Construction Real Estate - Installment [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual and accruing restructured loans	210	324
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment	210	324
Residential Real Estate - Commercial [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual and accruing restructured loans	35,412	35,622
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment	35,412	35,622
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment
Residential Real Estate - Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual and accruing restructured loans	32,536	37,685
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment	32,536	37,685
Residential Real Estate - HELOC [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual and accruing restructured loans	2,486	2,425
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment	2,486	2,425
Residential Real Estate - Installment [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual and accruing restructured loans	1,906	2,450
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment	1,906	2,450
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	703	1,540
Nonaccrual and accruing restructured loans	42,128	44,278
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment	42,128	44,278
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment
Consumer [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	0
Nonaccrual and accruing restructured loans	5,238	4,326
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment	799	18
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment	4,439	4,308
Financing Receivable With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Partial Charge-Offs On Impaired Loans	$ 89,100	$ 96,900

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Other Investment Securities (Tables)

6 Months Ended

Jun. 30, 2013

Other Investment Securities [Abstract]

Schedule Of Other Investment Securities

Other investment securities consist of stock investments in the Federal Home Loan Bank and the Federal Reserve Bank. These restricted stock investments are carried at their redemption value.

	June 30, 2013		December 31, 2012
(In thousands)
Federal Home Loan Bank stock	$	59,032	$	59,032
Federal Reserve Bank stock	6,875		6,875
Total	$	65,907	$	65,907

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Sale Of Vision Bank Business (Schedule Of Composition Of Pre-Tax Gain On Sale Of Business) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Discontinued Operations and Disposal Groups [Abstract]
Premium paid				$ 27,913
One-time gains				298
Loss on sale of fixed assets				(2,434)
Employment and severance agreements				(1,610)
Other one-time charges, including estimates				(2,000)
Pre-tax gain	$ 0		$ 0	$ 22,167

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Loans (Aging Of Recorded Investment In Past Due Loans) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended			6 Months Ended
	Jun. 30, 2013 contracts		Jun. 30, 2012 contracts	Jun. 30, 2013 contracts		Jun. 30, 2012 contracts	Dec. 31, 2012
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	151		27	261		74
Accruing loans past due 30-89 days	$ 28,798			$ 28,798			$ 40,325
Past due nonaccrual loans and loans past due 90 days or more and accruing	64,752	[1]		64,752	[1]		82,514	[2]
Total loans past due	93,550			93,550			122,839
Total current	4,431,287			4,431,287			4,341,070
Recorded Investment	4,524,837			4,524,837			4,463,909
Loans past due 90 days or more and accruing	1,545			1,545			3,030
Financing Receivable, Modifications, Recorded Investment, During Period	5,242		7,046	9,155		26,692
Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	7		11	14		16
Accruing loans past due 30-89 days	852			852			6,251
Past due nonaccrual loans and loans past due 90 days or more and accruing	15,335	[1]		15,335	[1]		11,811	[2]
Total loans past due	16,187			16,187			18,062
Total current	793,706			793,706			808,841
Recorded Investment	809,893			809,893			826,903
Loans past due 90 days or more and accruing	0			0			37
Financing Receivable, Modifications, Recorded Investment, During Period	262		2,867	496		5,290
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing loans past due 30-89 days							686
Past due nonaccrual loans and loans past due 90 days or more and accruing	7,477	[1]		7,477	[1]		11,314	[2]
Total loans past due	7,477			7,477			12,000
Total current	2,761			2,761			3,142
Recorded Investment	10,238	[3]		10,238	[3]		15,142	[3]
Loans past due 90 days or more and accruing	0			0
Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	1		1	2		10
Accruing loans past due 30-89 days							3,652
Past due nonaccrual loans and loans past due 90 days or more and accruing	3,941	[1]		3,941	[1]		5,838	[2]
Total loans past due	3,941			3,941			9,490
Total current	109,783			109,783			106,314
Recorded Investment	113,724			113,724			115,804
Loans past due 90 days or more and accruing	0			0
Financing Receivable, Modifications, Recorded Investment, During Period	180		258	217		10,351
Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	0		0	0		0
Accruing loans past due 30-89 days	223			223			171
Past due nonaccrual loans and loans past due 90 days or more and accruing	61	[1]		61	[1]		85	[2]
Total loans past due	284			284			256
Total current	24,361			24,361			26,198
Recorded Investment	24,645			24,645			26,454
Loans past due 90 days or more and accruing	0			0
Financing Receivable, Modifications, Recorded Investment, During Period
Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	0		0	2		0
Accruing loans past due 30-89 days	73			73			135
Past due nonaccrual loans and loans past due 90 days or more and accruing		[1]			[1]		40	[2]
Total loans past due	73			73			175
Total current	7,593			7,593			8,435
Recorded Investment	7,666			7,666			8,610
Loans past due 90 days or more and accruing	0			0
Financing Receivable, Modifications, Recorded Investment, During Period				25
Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	8		2	14		5
Accruing loans past due 30-89 days	1,064			1,064			1,163
Past due nonaccrual loans and loans past due 90 days or more and accruing	5,730	[1]		5,730	[1]		5,917	[2]
Total loans past due	6,794			6,794			7,080
Total current	394,754			394,754			386,082
Recorded Investment	401,548			401,548			393,162
Loans past due 90 days or more and accruing	0			0			94
Financing Receivable, Modifications, Recorded Investment, During Period	1,007		675	2,958		814
Residential Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	21		6	33		15
Accruing loans past due 30-89 days	12,267			12,267			11,948
Past due nonaccrual loans and loans past due 90 days or more and accruing	13,548	[1]		13,548	[1]		17,370	[2]
Total loans past due	25,815			25,815			29,318
Total current	1,068,087			1,068,087			1,036,868
Recorded Investment	1,093,902			1,093,902			1,066,186
Loans past due 90 days or more and accruing	739			739			950
Financing Receivable, Modifications, Recorded Investment, During Period	1,614		1,338	2,731		2,601
Residential Real Estate - HELOC [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	3		0	7		0
Accruing loans past due 30-89 days	442			442			620
Past due nonaccrual loans and loans past due 90 days or more and accruing	604	[1]		604	[1]		309	[2]
Total loans past due	1,046			1,046			929
Total current	209,697			209,697			212,868
Recorded Investment	210,743			210,743			213,797
Loans past due 90 days or more and accruing	0			0
Financing Receivable, Modifications, Recorded Investment, During Period	28		0	91		0
Residential Real Estate - Installment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing loans past due 30-89 days	427			427			563
Past due nonaccrual loans and loans past due 90 days or more and accruing	314	[1]		314	[1]		787	[2]
Total loans past due	741			741			1,350
Total current	37,849			37,849			42,576
Recorded Investment	38,590			38,590			43,926
Loans past due 90 days or more and accruing	0			0			54
Financing Receivable, Modifications, Recorded Investment, During Period	59		169	105		170
SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	0		0	0		4
Financing Receivable, Modifications, Recorded Investment, During Period						862
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	5		4	7		20
Accruing loans past due 30-89 days	2,982			2,982			2,212
Past due nonaccrual loans and loans past due 90 days or more and accruing	14,095	[1]		14,095	[1]		26,355	[2]
Total loans past due	17,077			17,077			28,567
Total current	1,099,863			1,099,863			1,067,436
Recorded Investment	1,116,940	[3]		1,116,940	[3]		1,096,003	[3]
Loans past due 90 days or more and accruing	0			0			1,007
Financing Receivable, Modifications, Recorded Investment, During Period	1,502		1,739	1,678		6,513
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	103		0	175		1
Accruing loans past due 30-89 days	10,468			10,468			12,924
Past due nonaccrual loans and loans past due 90 days or more and accruing	3,647	[1]		3,647	[1]		2,688	[2]
Total loans past due	14,115			14,115			15,612
Total current	679,571			679,571			639,153
Recorded Investment	693,686			693,686			654,765
Loans past due 90 days or more and accruing	806			806			888
Financing Receivable, Modifications, Recorded Investment, During Period	590			854		91
Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing loans past due 30-89 days
Past due nonaccrual loans and loans past due 90 days or more and accruing		[1]			[1]			[2]
Total loans past due
Total current	3,262			3,262			3,157
Recorded Investment	3,262			3,262			3,157
Residential Real Estate - Installment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	3		3	7		3
Accruing Financing Receivable Modifications [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	1,298		175	2,825		7,696
Accruing Financing Receivable Modifications [Member] | Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	106		175	7		1,862
Accruing Financing Receivable Modifications [Member] | Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	180			217		3,776
Accruing Financing Receivable Modifications [Member] | Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	0		0	0		0
Accruing Financing Receivable Modifications [Member] | Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	0		0	0		0
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period				376
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	582		0	1,457		222
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - HELOC [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	28		0	91		0
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Installment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	24			70
Accruing Financing Receivable Modifications [Member] | SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period
Accruing Financing Receivable Modifications [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period				25		1,836
Accruing Financing Receivable Modifications [Member] | Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	378			582
Nonaccruing Financing Receivable Modifications [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	3,944		6,871	6,330		18,996
Nonaccruing Financing Receivable Modifications [Member] | Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	156		2,692	489		3,428
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period			258			6,575
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period				25
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	1,007		675	2,582		814
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	1,032		1,338	1,274		2,379
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - HELOC [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	0		0	0		0
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Installment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	35		169	35		170
Nonaccruing Financing Receivable Modifications [Member] | SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period						862
Nonaccruing Financing Receivable Modifications [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	1,502		1,739	1,653		4,677
Nonaccruing Financing Receivable Modifications [Member] | Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	$ 212			$ 272		$ 91

[1] Includes $1.5 million of loans past due 90 days or more and accruing. The remaining are past due, nonaccrual loans and accruing troubled debt restructurings. December 31, 2012(in thousands)Accruing loanspast due 30-89days Past duenonaccrual loans and loans pastdue 90 days ormore andaccruing* Total past due Total current Total recordedinvestmentCommercial, financial and agricultural$6,251 $11,811 $18,062 $808,841 $826,903Commercial real estate2,212 26,355 28,567 1,067,436 1,096,003Construction real estate: SEPH commercial land and development686 11,314 12,000 3,142 15,142Remaining commercial3,652 5,838 9,490 106,314 115,804Mortgage171 85 256 26,198 26,454Installment135 40 175 8,435 8,610Residential real estate: Commercial1,163 5,917 7,080 386,082 393,162Mortgage11,948 17,370 29,318 1,036,868 1,066,186HELOC620 309 929 212,868 213,797Installment563 787 1,350 42,576 43,926Consumer12,924 2,688 15,612 639,153 654,765Leases— — — 3,157 3,157Total loans$40,325 $82,514 $122,839 $4,341,070 $4,463,909* Includes $3.0 million of loans past due 90 days or more and accruing. The remaining are past due, nonaccrual loans and accruing troubled debt restructurings.

[2] * Includes $1.5 million of loans past due 90 days or more and accruing. The remaining are past due, nonaccrual loans and accruing troubled debt restructurings.

[3] Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

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Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Summary Of Computation Of Basic And Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the three and six months ended June 30, 2013 and 2012.

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except share and per share data)	2013		2012		2013		2012
Numerator:
Income available to common shareholders	$	20,034	$	16,938	$	40,744	$	46,936
Denominator:
Denominator for basic earnings per share (weighted average common shares outstanding)	15,411,981		15,405,902		15,411,986		15,405,906
Effect of dilutive options and warrants	—		—		—		3,784
Denominator for diluted earnings per share (weighted average common shares outstanding adjusted for the effect of dilutive options and warrants)	15,411,981		15,405,902		15,411,986		15,409,690
Earnings per common share:
Basic earnings per common share	$	1.30	$	1.10	$	2.64	$	3.05
Diluted earnings per common share	$	1.30	$	1.10	$	2.64	$	3.05

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Pension Plan (Components Of Net Periodic Benefit Expense) (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	$ 1,204,000	$ 1,068,000	$ 2,408,000	$ 2,136,000
Interest cost	1,056,000	1,012,000	2,112,000	2,024,000
Expected return on plan assets	(2,384,000)	(2,186,000)	(4,768,000)	(4,372,000)
Amortization of prior service cost	5,000	5,000	10,000	10,000
Recognized net actuarial loss	676,000	427,000	1,352,000	854,000
Benefit expense	557,000	326,000	1,114,000	652,000
Pension plan contributions			12,600,000	15,900,000
Change in funded status of pension plan, net of income taxes of $222 for the three months ended June 30, 2012	0	0		412,000
Change in pension plan assets and benefit obligations, tax expense (benefit)	$ 0			$ 222,000

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Fair Value Qualitative information about Level 3 fair value measurements (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended	12 Months Ended
	Jun. 30, 2013	Dec. 31, 2012
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	$ 4,484,056	$ 4,428,752
Impaired loans carried at fair value	46,749	53,900
Other Assets, Fair Value Disclosure	4,424,036	4,348,705
Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	46,749	53,932
Other Assets, Fair Value Disclosure	17,210	19,926
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	46,749	53,932
Other Assets, Fair Value Disclosure	17,210	19,926
Fair Value, Measurements, Nonrecurring [Member] | Loans Receivable [Member] | Minimum [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate	8.60%	7.50%
Fair Value, Measurements, Nonrecurring [Member] | Loans Receivable [Member] | Minimum [Member] | Cost Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Accumulated Depreciation	38.00%	23.00%
Fair Value, Measurements, Nonrecurring [Member] | Loans Receivable [Member] | Maximum [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate	20.90%	20.90%
Fair Value, Measurements, Nonrecurring [Member] | Loans Receivable [Member] | Maximum [Member] | Cost Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Accumulated Depreciation	65.00%	63.00%
Fair Value, Measurements, Nonrecurring [Member] | Loans Receivable [Member] | Weighted Average [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate	9.70%	10.10%
Fair Value, Measurements, Nonrecurring [Member] | Loans Receivable [Member] | Weighted Average [Member] | Cost Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Accumulated Depreciation	53.00%	50.40%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans carried at fair value		12,832
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	0.00%	0.00%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Minimum [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	11.00%	11.00%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	218.00%	218.00%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Maximum [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	35.00%	55.00%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	16.80%	31.90%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Weighted Average [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	17.10%	23.40%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans carried at fair value		8,113
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	0.00%	0.00%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Minimum [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	11.00%	10.00%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	75.00%	75.00%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Maximum [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	35.00%	55.00%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	23.70%	26.20%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Weighted Average [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	17.60%	18.30%
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other Assets, Fair Value Disclosure	2,983	4,307
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other Assets, Fair Value Disclosure	2,983	4,307
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans carried at fair value		6,990
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	0.00%	0.00%
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Minimum [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	7.80%
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	178.00%	178.00%
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Maximum [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	10.50%
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	15.90%	17.90%
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Weighted Average [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	8.20%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	0.00%	0.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Minimum [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	10.00%	13.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Minimum [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate	8.50%	11.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Minimum [Member] | Cost Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Accumulated Depreciation	40.00%	40.90%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	85.00%	67.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Maximum [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	10.00%	13.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Maximum [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate	11.50%	11.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Maximum [Member] | Cost Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Accumulated Depreciation	90.00%	90.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Real Estate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other Assets, Fair Value Disclosure	4,255	3,485
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Real Estate [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	34.10%	25.80%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Real Estate [Member] | Weighted Average [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	10.00%	13.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Real Estate [Member] | Weighted Average [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate	10.20%	11.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Real Estate [Member] | Weighted Average [Member] | Cost Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Accumulated Depreciation	65.00%	65.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	0.00%	0.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Minimum [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	13.00%	10.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Minimum [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate		8.50%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	312.00%	273.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Maximum [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	13.00%	12.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Maximum [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate		8.50%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Real Estate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other Assets, Fair Value Disclosure	9,972	12,134
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Real Estate [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	29.80%	34.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Real Estate [Member] | Weighted Average [Member] | Bulk Sale Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Discount Rate	13.00%	10.80%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Real Estate [Member] | Weighted Average [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate		8.50%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	0.00%	1.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Minimum [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate	9.80%	7.90%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Minimum [Member] | Cost Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Accumulated Depreciation		6.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	173.70%	61.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Maximum [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate	9.80%	9.30%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Maximum [Member] | Cost Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Accumulated Depreciation		6.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Real Estate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other Assets, Fair Value Disclosure	2,983	4,307
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Real Estate [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	19.50%	18.00%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Real Estate [Member] | Weighted Average [Member] | Income Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Cap Rate	9.80%	8.70%
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Real Estate [Member] | Weighted Average [Member] | Cost Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Accumulated Depreciation		6.00%
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	22,658	25,997
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	22,658	25,997
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans carried at fair value		25,997
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	0.00%	0.00%
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	111.00%	116.00%
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Inputs, Comparability Adjustments	23.30%	22.30%
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other Assets, Fair Value Disclosure	9,972	12,134
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other Assets, Fair Value Disclosure	9,972	12,134
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	9,074	12,832
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	9,074	12,832
Construction Real Estate - Remaining Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	8,280	8,113
Construction Real Estate - Remaining Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	8,280	8,113
Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans carried at fair value		53,932
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Market Approach Valuation Technique [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	6,737
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Market and Income Approach Valuation Technique [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	22,658
Estimate of Fair Value, Fair Value Disclosure [Member] | Construction Real Estate - Vision/SEPH Commercial Land And Development [Member] | Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate [Member] | Market Approach Valuation Technique [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	9,074
Estimate of Fair Value, Fair Value Disclosure [Member] | Construction Real Estate - Remaining Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate [Member] | Market Approach Valuation Technique [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Loans Receivable, Fair Value Disclosure	$ 8,280

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Other Investment Securities (Schedule Of Other Investment Securities) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Other Investment Securities [Abstract]
Federal Home Loan Bank stock	$ 59,032	$ 59,032
Federal Reserve Bank stock	6,875	6,875
Total	$ 65,907	$ 65,907

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Loans (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012
Financing Receivable, Recorded Investment [Line Items]
Troubled Debt Restructuring, Classification removed	$ 2,872,000
Partial Charge-Offs On Impaired Loans			96,800,000		105,100,000
Allowance for loan losses individually evaluated for impairment	7,466,000		7,466,000		8,276,000
Recorded investment, related to loans	24,200,000		24,200,000		28,800,000
TDRs included in nonaccrual loan totals	81,900,000		81,900,000		84,700,000
TDRs included in accruing loan totals	22,500,000		22,500,000		29,900,000
Nonaccrual TDRs considered current	59,000,000		59,000,000		52,600,000
Commitments to lend additional funds to borrowers whose terms had been modified in a TDR	5,100,000		5,100,000		5,000,000
Specific reserves related to troubled debt restructuring	5,000,000		5,000,000		5,600,000
Additional specific reserves related to troubled debt restructurings	33,000	818,000	300,000	1,100,000
Modified substandard commercial loans, total recorded investment	1,000,000	1,200,000	1,000,000	1,200,000
Modified substandard consumer loans, total recorded investment	12,000,000	16,000,000	12,000,000	16,000,000
Loan Modifications on Nonacrrual status	3,000,000	2,200,000	3,300,000	8,000,000
Loan past due period before entering default status			30 days
Loans modified during period	6,500,000	14,900,000	7,600,000	17,000,000
Financing Receivable With No Related Allowance Recorded [Member]
Financing Receivable, Recorded Investment [Line Items]
Partial Charge-Offs On Impaired Loans			89,100,000		96,900,000
Financing Receivable With A Related Allowance Recorded [Member]
Financing Receivable, Recorded Investment [Line Items]
Partial Charge-Offs On Impaired Loans			7,700,000		8,200,000
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Allowance for loan losses individually evaluated for impairment	703,000		703,000		1,540,000
Accruing [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans modified during period	421,000	110,000	1,100,000	110,000
Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans modified during period	$ 6,100,000	$ 14,800,000	$ 6,500,000	$ 16,900,000

XML

Fair Value (Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage loans held for sale	$ 13,138	$ 25,743
Fair Value Swap [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Swap	135	135
Fair Value, Measurements, Recurring [Member] | Level 1 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage loans held for sale
Mortgage IRLCs
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage loans held for sale	13,138	25,743
Mortgage IRLCs	133	372
Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage loans held for sale
Mortgage IRLCs
Fair Value, Measurements, Recurring [Member] | Fair Value [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage loans held for sale	13,138	25,743
Mortgage IRLCs	133	372
Fair Value, Measurements, Recurring [Member] | Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member] | Level 1 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities
Fair Value, Measurements, Recurring [Member] | Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member] | Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	594,732	695,727
Fair Value, Measurements, Recurring [Member] | Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member] | Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities
Fair Value, Measurements, Recurring [Member] | Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member] | Fair Value [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	594,732	695,727
Fair Value, Measurements, Recurring [Member] | Obligations Of States And Political Subdivisions [Member] | Level 1 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities
Fair Value, Measurements, Recurring [Member] | Obligations Of States And Political Subdivisions [Member] | Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	809	1,003
Fair Value, Measurements, Recurring [Member] | Obligations Of States And Political Subdivisions [Member] | Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities
Fair Value, Measurements, Recurring [Member] | Obligations Of States And Political Subdivisions [Member] | Fair Value [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	809	1,003
Fair Value, Measurements, Recurring [Member] | U.S. Government Sponsored Entities' Asset-Backed Securities [Member] | Level 1 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities
Fair Value, Measurements, Recurring [Member] | U.S. Government Sponsored Entities' Asset-Backed Securities [Member] | Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	449,282	415,502
Fair Value, Measurements, Recurring [Member] | U.S. Government Sponsored Entities' Asset-Backed Securities [Member] | Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities
Fair Value, Measurements, Recurring [Member] | U.S. Government Sponsored Entities' Asset-Backed Securities [Member] | Fair Value [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	449,282	415,502
Fair Value, Measurements, Recurring [Member] | Other Equity Securities [Member] | Level 1 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	1,757	1,442
Fair Value, Measurements, Recurring [Member] | Other Equity Securities [Member] | Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities
Fair Value, Measurements, Recurring [Member] | Other Equity Securities [Member] | Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	795	780
Fair Value, Measurements, Recurring [Member] | Other Equity Securities [Member] | Fair Value [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	2,552	2,222
Fair Value, Measurements, Recurring [Member] | Fair Value Swap [Member] | Level 1 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Swap
Fair Value, Measurements, Recurring [Member] | Fair Value Swap [Member] | Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Swap
Fair Value, Measurements, Recurring [Member] | Fair Value Swap [Member] | Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Swap	135	135
Fair Value, Measurements, Recurring [Member] | Fair Value Swap [Member] | Fair Value [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Swap	$ 135	$ 135

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Participation In The U.S. Treasury Capital Purchase Program (CPP)

6 Months Ended

Jun. 30, 2013

Participation In The U.S. Treasury Capital Purchase Program (CPP) [Abstract]

Participation In The U.S. Treasury Capital Purchase Program (CPP)

Participation in the U.S. Treasury Capital Purchase Program (CPP)

On December 23, 2008, Park issued $100 million of Fixed-Rate Cumulative Perpetual Preferred Shares, Series A, with a liquidation preference of $1,000 per share (the “Series A Preferred Shares”), associated with Park's participation in the CPP.

On April 25, 2012, Park entered into a Letter Agreement with the U.S. Treasury pursuant to which Park repurchased the 100,000 Series A Preferred Shares for a purchase price of $100 million plus a pro rata accrued and unpaid dividend. Total consideration of $101.0 million included accrued and unpaid dividends of $1.0 million. In addition to the accrued and unpaid dividends of $1.0 million, the charge to retained earnings, resulting from the repurchase of the Series A Preferred Shares, was $1.6 million on April 25, 2012.

On May 2, 2012, Park entered into a Letter Agreement (the “Warrant Repurchase Letter Agreement”) pursuant to which Park repurchased from the U.S. Treasury the Warrant to purchase 227,376 Park common shares in full for consideration of $2.8 million, or $12.50 per Park common share.

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Consolidated Condensed Statements of Comprehensive Income (Parenthetical) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Statement of Comprehensive Income [Abstract]
Change in pension plan assets and benefit obligations, Tax effect	$ 0			$ (222)
Unrealized net holding gain on cash flow hedge, Tax expense (benefit)		79	0	139
Unrealized net holding loss on securities available-for-sale, Tax expense (benefit)	$ (11,058)	$ 1,511	$ (12,340)	$ 326

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Consolidated Condensed Statements Of Changes In Stockholders' Equity (Parenthetical) (USD $) In Thousands, except Per Share data, unless otherwise specified	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Statement of Stockholders' Equity [Abstract]
Change in pension plan assets and benefit obligations, Tax effect		$ (222)
Unrealized net holding gain on cash flow hedge, tax	0	139
Unrealized net holding loss on securities available-for-sale, tax	$ (12,340)	$ 326
Cash dividends on common stock per share	$ 1.88	$ 1.88

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Recent Accounting Pronouncements

6 Months Ended

Jun. 30, 2013

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

Recent Accounting Pronouncements

Recent Accounting Pronouncements

Adoption of New Accounting Pronouncements:

No. 2012-02 Testing Indefinite-Lived Intangible Assets for Impairment: In July 2012, FASB issued Accounting Standards Update 2012-02, Testing Indefinite-Lived Intangible Assets for Impairment (ASU 2012-02). The ASU allows an entity to first assess qualitative factors to determine whether the existence of events or circumstances indicate that it is more likely than not that the indefinite-lived intangible asset is impaired. The new guidance is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. The adoption of this guidance did not have an impact on the consolidated financial statements.

No. 2013-02 Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income: In February 2013, FASB issued Accounting Standards Update 2013-02,Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (ASU 2013-02). The ASU requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about these amounts. The new guidance is effective prospectively for reporting periods beginning after December 15, 2012. The adoption of the new guidance on January 1, 2013 impacted the other comprehensive income (loss) disclosures in Note 17.

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Fair Value Fair Value (Assets and liabilities measured at fair value on a nonrecurring basis) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	$ 4,484,056	$ 4,428,752
Other Assets, Fair Value Disclosure	4,424,036	4,348,705
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	46,749	53,932
Servicing Asset at Fair Value, Amount	5,755	6,642
Other Assets, Fair Value Disclosure	17,210	19,926
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure
Servicing Asset at Fair Value, Amount	5,755	6,642
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	46,749	53,932
Servicing Asset at Fair Value, Amount
Other Assets, Fair Value Disclosure	17,210	19,926
Construction Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	9,972	12,134
Construction Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	9,972	12,134
Commercial Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	4,255	3,485
Commercial Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	4,255	3,485
Residential Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	2,983	4,307
Residential Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	2,983	4,307
Commercial Real Estate Portfolio Segment [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	22,658	25,997
Commercial Real Estate Portfolio Segment [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure
Commercial Real Estate Portfolio Segment [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	22,658	25,997
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	9,074	12,832
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	9,074	12,832
Construction Real Estate - Remaining Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	8,280	8,113
Construction Real Estate - Remaining Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure
Construction Real Estate - Remaining Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	8,280	8,113
Residential Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	6,737	6,990
Residential Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure
Residential Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	$ 6,737	$ 6,990

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Consolidated Condensed Statements Of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Operating activities:
Net Income	$ 40,744	$ 50,361
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,002	13,576
Loan put provision	0	3,363
Other than temporary impairment on investment securities	0	54
Amortization (accretion) of Deferred Loan Origination Fees, Net	1,613	595
Provision for depreciation	3,550	3,459
Amortization of core deposit intangibles	225	1,894
Accretion (Amortization) of Discounts and Premiums, Investments	21	(227)
Amortization of prepayment penalty on long term debt	2,410	0
Payments for Loan Originations, Loans to be Sold in Secondary Market	(231,023)	(164,172)
Proceeds From Loan Sales	243,628	159,352
Gain (Loss) on Sales of Loans, Net	2,931	2,259
OREO valuation adjustments	199	4,007
Bank owned life insurance income	(2,456)	(2,386)
Changes in assets and liabilities:
(Increase) in other assets	(5,154)	(22,588)
(Decrease) in other liabilities	(7,264)	(566)
Net cash provided by operating activities	50,426	48,981
Investing activities:
Proceeds from sales of Federal Home Loan Bank stock	0	1,319
Proceeds from maturity of:
Available-for-sale securities	338,306	464,653
Held-to-maturity securities	169,603	303,595
Purchases of:
Available-for-sale securities	(306,503)	(509,998)
Held-to-maturity securities	0	(238,593)
Net loan originations, portfolio loans	(72,687)	(85,808)
Sale of assets/liabilities related to Vision Bank	0	(144,436)
Purchases of bank owned life insurance	(4,600)	(2,500)
Purchases of premises and equipment, net	(6,621)	(1,979)
Net cash (used in) provided by investing activities	117,498	(213,747)
Financing activities:
Net increase (decrease) in deposits	135,282	357,861
Net increase (decrease) in short-term borrowings	(120,679)	(22,992)
Proceeds from issuance of long-term debt	25,000	30,000
Repayment of long-term debt	(25,932)	(15,500)
Cash payment for repurchase of common stock warrant from U.S. Treasury	0	(2,843)
Repurchase of preferred stock from U.S. Treasury	0	(100,000)
Cash dividends paid on common stock and preferred stock	(28,974)	(31,184)
Net cash provided by (used in) financing activities	(15,303)	215,342
Increase in cash and cash equivalents	152,621	50,576
Cash and cash equivalents at beginning of year	201,305	157,486
Cash and cash equivalents at end of period	353,926	208,062
Supplemental disclosures of cash flow information:
Cash paid for interest	21,533	26,172
Cash paid for income taxes	4,500	1,000
Transfer from Other Real Estate	$ 12,622	$ 12,552

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Sale Of Vision Bank Business Discontinued Operations and Disposal group (Details) (USD $)	3 Months Ended		6 Months Ended			6 Months Ended	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Feb. 16, 2012	Jun. 30, 2013 Obligation to Repurchase Receivables Sold [Member] Vision Bank [Member]	Dec. 31, 2012 Obligation to Repurchase Receivables Sold [Member] Vision Bank [Member]	Feb. 16, 2012 Obligation to Repurchase Receivables Sold [Member] Vision Bank [Member]	Feb. 19, 2012 Performing Retained By Sellc [Member]	Feb. 19, 2012 Non Performing Retained By Sellc [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Business Acquisition, Cost of Aquired Entity, Purchase Price					$ 27,900,000
Loans Receivable, Net									22,000,000	88,000,000
Loss Contingency Accrual, Provision							3,300,000
Loss Contingency, Range of Possible Loss, Maximum								7,500,000
Loss Contingency, Loan Put Option Expiration Period After Transaction Close						180 days
Loss Contingency Accrual, Purchase Price of Loans							7,500,000
Loss Contingency Accrual, Payments							4,200,000
Gain on sale of the Vision business	$ 0		$ 0	$ 22,167,000

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Goodwill And Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule Of Activity In Goodwill And Core Deposit Intangibles

The following table shows the activity in goodwill and core deposit intangibles for the first six months of 2013.

(in thousands)	Goodwill		Core Deposit Intangibles		Total
December 31, 2012	$	72,334	$	337	$	72,671
Amortization	—		225		225
June 30, 2013	$	72,334	$	112	$	72,446

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Segment Information (Tables)

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Schedule Of Operating Results By Segment

	Operating Results for the three months ended June 30, 2013
(In thousands)	PNB		GFSC			SEPH			All Other			Total
Net interest income (expense)	$	51,736	$	2,238		$	(347	)	$	1,085		$	54,712
Provision for (recovery of) loan losses	2,122		210			(1,659		)	—			673
Other income (loss)	18,536		(3		)	645			120			19,298
Other expense	40,408		810			3,909			1,443			46,570
Income (loss) before income taxes	$	27,742	$	1,215		$	(1,952	)	$	(238	)	$	26,767
Federal income taxes (benefit)	7,420		425			(683		)	(429		)	6,733
Net income (loss)	$	20,322	$	790		$	(1,269	)	$	191		$	20,034
Assets (as of June 30, 2013)	$	6,519,766	$	50,307		$	78,993		$	(8,593	)	$	6,640,473

	Operating Results for the three months ended June 30, 2012
(In thousands)	PNB		GFSC		SEPH			All Other			Total
Net interest income (expense)	$	56,022	$	2,305	$	(1,125	)	$	1,478		$	58,680
Provision for loan losses	3,756		200		1,282			—			5,238
Other income (loss)	17,700		—		(275		)	83			17,508
Other expense	37,260		706		5,999			1,839			45,804
Income (loss) before income taxes	$	32,706	$	1,399	$	(8,681	)	$	(278	)	$	25,146
Federal income taxes (benefit)	9,223		490		(3,041		)	(412		)	6,260
Net income (loss)	$	23,483	$	909	$	(5,640	)	$	134		$	18,886
Assets (as of June 30, 2012)	$	6,535,709	$	48,763	$	140,051		$	(18,949	)	$	6,705,574

	Operating Results for the six months ended June 30, 2013
(In thousands)	PNB		GFSC			SEPH			All Other			Total
Net interest income (expense)	$	104,471	$	4,371		$	(1,002	)	$	2,325		$	110,165
Provision for (recovery of) loan losses	5,252		420			(4,670		)	—			1,002
Other income (loss)	36,408		(1		)	1,476			220			38,103
Other expense	80,732		1,596			7,253			3,087			92,668
Income (loss) before income taxes	$	54,895	$	2,354		$	(2,109	)	$	(542	)	$	54,598
Federal income taxes (benefit)	14,633		824			(738		)	(865		)	13,854
Net income (loss)	$	40,262	$	1,530		$	(1,371	)	$	323		$	40,744

	Operating Results for the six months ended June 30, 2012
(In thousands)	PNB		GFSC		SEPH		All Other			Total
Net interest income	$	111,868	$	4,516	$	1,485	$	2,539		$	120,408
Provision for loan losses	8,428		450		4,698		—			13,576
Other income	34,361		—		449		151			34,961
Gain on sale of Vision business	—		—		22,167		—			22,167
Other expense	75,316		1,427		14,164		3,367			94,274
Income (loss) before income taxes	$	62,485	$	2,639	$	5,239	$	(677	)	$	69,686
Federal income taxes (benefit)	17,441		924		1,820		(860		)	19,325
Net income	$	45,044	$	1,715	$	3,419	$	183		$	50,361

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Fair Value (Fair Value Of Financial Instruments) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and money market instruments	$ 353,926	$ 201,305
Investment securities	1,285,894	1,525,159
Mortgage loans held for sale	13,138	25,743
Impaired loans carried at fair value	46,749	53,900
Other loans	4,424,036	4,348,705
Loans receivable, net	4,484,056	4,428,752
Noninterest bearing checking accounts	1,095,454	1,137,290
Interest bearing transactions accounts	1,272,481	1,088,617
Savings accounts	1,093,804	1,038,356
Time deposits	1,392,678	1,458,793
Other	4,106	1,345
Total deposits	4,858,523	4,724,401
Short-term borrowings	223,489	344,168
Long-term debt	841,234	861,466
Subordinated debentures/notes	85,245	79,503
Fair Value Swap [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Swap	135	135
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and money market instruments	353,926	201,305
Investment securities	1,279,162	1,515,844
Mortgage loans held for sale	13,138	25,743
Derivative Assets	133	372
Impaired loans carried at fair value	46,749	53,932
Other loans	4,395,585	4,314,738
Loans receivable, net	4,455,605	4,394,785
Noninterest bearing checking accounts	1,095,454	1,137,290
Interest bearing transactions accounts	1,272,481	1,088,617
Savings accounts	1,093,804	1,038,356
Time deposits	1,385,469	1,450,424
Other	4,106	1,345
Total deposits	4,851,314	4,716,032
Short-term borrowings	223,489	344,168
Long-term debt	783,136	781,658
Subordinated debentures/notes	80,250	80,250
Carrying Value [Member] | Fair Value Swap [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Swap	135	135
Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and money market instruments	353,926	201,305
Investment securities	1,757	1,442
Mortgage loans held for sale
Derivative Assets	0
Impaired loans carried at fair value
Other loans
Loans receivable, net
Noninterest bearing checking accounts	1,095,454	1,137,290
Interest bearing transactions accounts	1,272,481	1,088,617
Savings accounts	1,093,804	1,038,356
Time deposits
Other	4,106	1,345
Total deposits	3,465,845	3,265,608
Short-term borrowings
Long-term debt
Subordinated debentures/notes
Level 1 [Member] | Fair Value Swap [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Swap
Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and money market instruments
Investment securities	1,283,342	1,522,937
Mortgage loans held for sale	13,138	25,743
Derivative Assets	133	372
Impaired loans carried at fair value
Other loans
Loans receivable, net	13,271	26,115
Noninterest bearing checking accounts
Interest bearing transactions accounts
Savings accounts
Time deposits	1,392,678	1,458,793
Other
Total deposits	1,392,678	1,458,793
Short-term borrowings	223,489	344,168
Long-term debt	841,234	861,466
Subordinated debentures/notes	85,245	79,503
Level 2 [Member] | Fair Value Swap [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Swap
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and money market instruments
Investment securities	795	780
Mortgage loans held for sale
Derivative Assets	0
Impaired loans carried at fair value	46,749	53,932
Other loans	4,424,036	4,348,705
Loans receivable, net	4,470,785	4,402,637
Noninterest bearing checking accounts
Interest bearing transactions accounts
Savings accounts
Time deposits
Other
Total deposits
Short-term borrowings
Long-term debt
Subordinated debentures/notes
Level 3 [Member] | Fair Value Swap [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Swap	135	135
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Assets	133	372
Impaired loans carried at fair value		53,932
Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest receivable	4,719	6,122
Securities [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest receivable	4,719	6,122
Securities [Member] | Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest receivable
Securities [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest receivable	4,719	6,122
Securities [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest receivable
Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest receivable	14,121	13,588
Loans [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest receivable	14,121	13,588
Loans [Member] | Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest receivable
Loans [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest receivable		2
Loans [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest receivable	14,121	13,586
Deposits [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest payable	1,754	1,960
Deposits [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest payable	1,754	1,960
Deposits [Member] | Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest payable	26	21
Deposits [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest payable	1,728	1,939
Deposits [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest payable
Debt/Borrowings [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest payable	1,478	1,499
Debt/Borrowings [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest payable	1,478	1,499
Debt/Borrowings [Member] | Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest payable	14	8
Debt/Borrowings [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest payable	1,464	1,491
Debt/Borrowings [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accrued interest payable

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Fair Value (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Assets And Liabilities Measured At Fair Value On A Recurring Basis

The following table presents assets and liabilities measured at fair value on a recurring basis:

Fair Value Measurements at June 30, 2013 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at June 30, 2013
Assets
Investment securities:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	—	$	594,732	$	—	$	594,732
Obligations of states and political subdivisions	—		809		—		809
U.S. Government sponsored entities’ asset-backed securities	—		449,282		—		449,282
Equity securities	1,757		—		795		2,552
Mortgage loans held for sale	—		13,138		—		13,138
Mortgage IRLCs	—		133		—		133
Liabilities
Fair value swap	$	—	$	—	$	135	$	135

Fair Value Measurements at December 31, 2012 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2012
Assets
Investment securities:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	—	$	695,727	$	—	$	695,727
Obligations of states and political subdivisions	—		1,003		—		1,003
U.S. Government sponsored entities’ asset-backed securities	—		415,502		—		415,502
Equity securities	1,442		—		780		2,222
Mortgage loans held for sale	—		25,743		—		25,743
Mortgage IRLCs	—		372		—		372
Liabilities
Fair value swap	$	—	$	—	$	135	$	135

Reconciliation Of Level 3 Input For Financial Instruments Measured On Recurring Basis

The table below is a reconciliation of the beginning and ending balances of the Level 3 inputs for the three and six months ended June 30, 2013 and 2012, for financial instruments measured on a recurring basis and classified as Level 3:

Level 3 Fair Value Measurements

Three months ended June 30, 2013 and 2012

(In thousands)	Equity Securities			Fair value swap
Balance, at April 1, 2013	$	776		$	(135	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	19			—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			—
Balance at June 30, 2013	$	795		$	(135	)
Balance, at April 1, 2012	$	756		$	(135	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	(18		)	—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			—
Balance at June 30, 2012	$	738		$	(135	)

Level 3 Fair Value Measurements

Six months ended June 30, 2013 and 2012

(In thousands)	Equity Securities			Fair value swap
Balance, at January 1, 2013	$	780		$	(135	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	15			—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			—
Balance at June 30, 2013	$	795		$	(135	)
Balance, at January 1, 2012	$	763		$	(700	)
Total gains/(losses)
Included in earnings – realized	—			—
Included in earnings – unrealized	—			—
Included in other comprehensive income	(25		)	—
Purchases, sales, issuances and settlements, other	—			—
Periodic settlement of fair value swap	—			565
Balance at June 30, 2012	$	738		$	(135	)

Assets And Liabilities Measured At Fair Value On A Nonrecurring Basis

The following tables present assets and liabilities measured at fair value on a nonrecurring basis. Collateral dependent impaired loans are carried at fair value if they have been charged down to fair value or if a specific valuation allowance has been established. A new cost basis is established at the time a property is initially recorded in OREO. OREO properties are carried at fair value if a devaluation has been taken to the property's value subsequent to the initial measurement.

Fair Value Measurements at June 30, 2013 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at June 30, 2013
Impaired loans:
Commercial real estate	$	—	$	—	$	22,658	$	22,658
Construction real estate:
SEPH commercial land and development	—		—		9,074		9,074
Remaining commercial	—		—		8,280		8,280
Residential real estate	—		—		6,737		6,737
Total impaired loans	$	—	$	—	$	46,749	$	46,749
Mortgage servicing rights	$	—	$	5,755	$	—	$	5,755
OREO:
Commercial real estate	—		—		4,255		4,255
Construction real estate	—		—		9,972		9,972
Residential real estate	—		—		2,983		2,983
Total OREO	$	—	$	—	$	17,210	$	17,210

Fair Value Measurements at December 31, 2012 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2012
Impaired loans:
Commercial real estate	$	—	$	—	$	25,997	$	25,997
Construction real estate:
SEPH commercial land and development	—		—		12,832		12,832
Remaining commercial	—		—		8,113		8,113
Residential real estate	—		—		6,990		6,990
Total impaired loans	$	—	$	—	$	53,932	$	53,932
Mortgage servicing rights	$	—	$	6,642	$	—	$	6,642
OREO:
Commercial real estate	—		—		3,485		3,485
Construction real estate	—		—		12,134		12,134
Residential real estate	—		—		4,307		4,307
Total OREO	$	—	$	—	$	19,926	$	19,926

Qualitative Information about Level 3 Fair Value Measurements Measured on Non-Recurring Basis

The following tables present qualitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at June 30, 2013 and December 31, 2012:

June 30, 2013
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Impaired loans:
Commercial real estate	$	22,658	Sales comparison approach	Adj to comparables	0.0% - 111.0% (23.3%)
			Income approach	Capitalization rate	8.6% - 20.9% (9.7%)
			Cost approach	Accumulated depreciation	38.0% - 65.0% (53.0%)
Construction real estate:
SEPH commercial land and development	$	9,074	Sales comparison approach	Adj to comparables	0.0% - 218.0% (16.8%)
			Bulk sale approach	Discount rate	11.0% - 35.0% (17.1%)
Remaining commercial	$	8,280	Sales comparison approach	Adj to comparables	0.0% - 75.0% (23.7%)
			Bulk sale approach	Discount rate	11.0% - 35.0% (17.6%)
Residential real estate	$	6,737	Sales comparison approach	Adj to comparables	0.0% - 178.0% (15.9%)
			Income approach	Capitalization rate	7.8% - 10.5% (8.2%)
Other real estate owned:
Commercial real estate	$	4,255	Sales comparison approach	Adj to comparables	0.0% - 85.0% (34.1%)
			Income approach	Capitalization rate	8.5% - 11.5% (10.2%)
			Bulk sale approach	Discount rate	10.0% (10.0%)
			Cost approach	Accumulated depreciation	40.0% - 90.0% (65.0%)
Construction real estate	$	9,972	Sales comparison approach	Adj to comparables	0.0% - 312.0% (29.8%)
			Bulk sale approach	Discount rate	13.0% (13.0%)
Residential real estate	$	2,983	Sales comparison approach	Adj to comparables	0.0% - 173.7% (19.5%)
			Income approach	Capitalization rate	9.75% (9.75%)

December 31, 2012
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Impaired loans:
Commercial real estate	$	25,997	Sales comparison approach	Adj to comparables	0.0% - 116.0% (22.3%)
			Income approach	Capitalization rate	7.5% - 20.9% (10.1%)
			Cost approach	Accumulated depreciation	23.0% - 63.0% (50.4%)
Construction real estate:
SEPH commercial land and development	$	12,832	Sales comparison approach	Adj to comparables	0.0% - 218.0% (31.9%)
			Bulk sale approach	Discount rate	11.0% - 55.0% (23.4%)
Remaining commercial	$	8,113	Sales comparison approach	Adj to comparables	0.0% - 75.0% (26.2%)
			Bulk sale approach	Discount rate	10.0% - 55.0% (18.3%)
Residential real estate	$	6,990	Sales comparison approach	Adj to comparables	0.0% - 178.0% (17.9%)
Other real estate owned:
Commercial real estate	$	3,485	Sales comparison approach	Adj to comparables	0.0% - 67.0% (25.8%)
			Income approach	Capitalization rate	11.0% (11.0%)
			Bulk sale approach	Discount rate	13.0% (13.0%)
			Cost approach	Accumulated depreciation	40.9% - 90.0% (65.0%)
Construction real estate	$	12,134	Sales comparison approach	Adj to comparables	0.0% - 273.0% (34.0%)
			Income approach	Capitalization rate	8.5% (8.5%)
			Bulk sale approach	Discount rate	10.0% - 12.0% (10.8%)
Residential real estate	$	4,307	Sales comparison approach	Adj to comparables	1.0% - 61.0% (18.0%)
			Income approach	Capitalization rate	7.9% - 9.3% (8.7%)
			Cost approach	Accumulated depreciation	6.0% (6.0%)

Fair Value, by Balance Sheet Grouping

The fair value of financial instruments at June 30, 2013 and December 31, 2012, was as follows:

	June 30, 2013
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	353,926	$	353,926	$	—	$	—	$	353,926
Investment securities	1,279,162		1,757		1,283,342		795		1,285,894
Accrued interest receivable - securities	4,719		—		4,719		—		4,719
Accrued interest receivable - loans	14,121		—		—		14,121		14,121
Mortgage loans held for sale	13,138		—		13,138		—		13,138
Mortgage IRLCs	133		—		133		—		133
Impaired loans carried at fair value	46,749		—		—		46,749		46,749
Other loans, net	4,395,585		—		—		4,424,036		4,424,036
Loans receivable, net	$	4,455,605	$	—	$	13,271	$	4,470,785	$	4,484,056
Financial liabilities:
Noninterest bearing checking accounts	$	1,095,454	$	1,095,454	$	—	$	—	$	1,095,454
Interest bearing transactions accounts	1,272,481		1,272,481		—		—		1,272,481
Savings accounts	1,093,804		1,093,804		—		—		1,093,804
Time deposits	1,385,469		—		1,392,678		—		1,392,678
Other	4,106		4,106		—		—		4,106
Total deposits	$	4,851,314	$	3,465,845	$	1,392,678	$	—	$	4,858,523
Short-term borrowings	$	223,489	$	—	$	223,489	$	—	$	223,489
Long-term debt	783,136		—		841,234		—		841,234
Subordinated debentures/notes	80,250		—		85,245		—		85,245
Accrued interest payable – deposits	1,754		26		1,728		—		1,754
Accrued interest payable – debt/borrowings	1,478		14		1,464		—		1,478
Derivative financial instruments:
Fair value swap	$	135	$	—	$	—	$	135	$	135

	December 31, 2012
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	201,305	$	201,305	$	—	$	—	$	201,305
Investment securities	1,515,844		1,442		1,522,937		780		1,525,159
Accrued interest receivable - securities	6,122		—		6,122		—		6,122
Accrued interest receivable - loans	13,588		—		2		13,586		13,588
Mortgage loans held for sale	25,743		—		25,743		—		25,743
Mortgage IRLCs	372		—		372		—		372
Impaired loans carried at fair value	53,932		—		—		53,932		53,932
Other loans, net	4,314,738		—		—		4,348,705		4,348,705
Loans receivable, net	$	4,394,785	$	—	$	26,115	$	4,402,637	$	4,428,752
Financial liabilities:
Noninterest bearing checking accounts	$	1,137,290	$	1,137,290	$	—	—		$	1,137,290
Interest bearing transactions accounts	1,088,617		1,088,617		—		—		1,088,617
Savings accounts	1,038,356		1,038,356		—		—		1,038,356
Time deposits	1,450,424		—		1,458,793		—		1,458,793
Other	1,345		1,345		—		—		1,345
Total deposits	$	4,716,032	$	3,265,608	$	1,458,793	$	—	$	4,724,401
Short-term borrowings	$	344,168	$	—	$	344,168	$	—	$	344,168
Long-term debt	781,658		—		861,466		—		861,466
Subordinated debentures/notes	80,250		—		79,503		—		79,503
Accrued interest payable – deposits	1,960		21		1,939		—		1,960
Accrued interest payable – debt/borrowings	1,499		8		1,491		—		1,499
Derivative financial instruments:
Fair value swap	$	135	$	—	$	—	$	135	$	135

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Fair Value (Reconciliation Of Level 3 Input For Financial Instruments Measured On Recurring Basis) (Details) (Level 3 [Member], Fair Value, Measurements, Recurring [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Other Equity Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	$ 776	$ 756	$ 780	$ 763
Included in earnings - unrealized	0	0	0	0
Included in other comprehensive income	19	(18)	15	(25)
Periodic, sales, issuances and settlements, other	0	0	0	0
Periodic settlement of fair value swap	0	0	0	0
Balance, ending	795	738	795	738
Fair Value Swap [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, at January 1, 2012	(135)	(135)	(135)	(700)
Included in earnings - unrealized	0	0	0	0
Included in other comprehensive income	0	0	0
Purchases, sales, issuances and settlements, other	0	0	0	0
Periodic settlement of fair value swap	0	0	0	565
Balance at June 30, 2012	$ (135)	$ (135)	$ (135)	$ (135)

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Earnings Per Common Share (Narrative) (Details) (USD $)	6 Months Ended
	Jun. 30, 2012	May 02, 2012
Earnings Per Share [Abstract]
Dilutive effect of Capital Purchase Plan warrants	3,784
Options and warrants not included in computation of diluted earnings per common shares	70,047
Warrants to purchase common shares outstanding related to common stock issuances	0	227,376
Exercise price of Capital Purchase Plan warrants to purchase common shares	$ 65.97
Shares outstanding under the Incentive Stock Option Plan	65,975

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Loans (Recorded Investment By Loan Grade) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013		Dec. 31, 2012
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment	$ 4,524,837		$ 4,463,909
Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment	401,548		393,162
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment	1,116,940	[1]	1,096,003	[1]
Leases [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment	3,262		3,157
5 Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	46,229		51,292
5 Rated [Member] | SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	385	[2]
5 Rated [Member] | Vision Commercial Land And Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment			411	[2]
5 Rated [Member] | Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	5,736		6,734
5 Rated [Member] | Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	8,312		8,994
5 Rated [Member] | Commercial, Financial, and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	11,210	[2]	9,537	[2]
5 Rated [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	20,586	[2]	25,616	[2]
5 Rated [Member] | Leases [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment
6 Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	13,246		16,887
6 Rated [Member] | SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment		[2]
6 Rated [Member] | Vision Commercial Land And Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment				[2]
6 Rated [Member] | Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment
6 Rated [Member] | Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	1,259		2,053
6 Rated [Member] | Commercial, Financial, and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	9,614	[2]	10,874	[2]
6 Rated [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	2,373	[2]	3,960	[2]
6 Rated [Member] | Leases [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment
Impaired [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	125,349		138,014
Impaired [Member] | SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	9,103	[2]
Impaired [Member] | Vision Commercial Land And Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment			13,939	[2]
Impaired [Member] | Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	18,535		21,574
Impaired [Member] | Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	35,412		35,622
Impaired [Member] | Commercial, Financial, and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	20,171	[2]	22,601	[2]
Impaired [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	42,128	[2]	44,278	[2]
Impaired [Member] | Leases [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment
Pass Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	2,270,781		2,243,978
Pass Rated [Member] | SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	750	[2]
Pass Rated [Member] | Vision Commercial Land And Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment			792	[2]
Pass Rated [Member] | Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	89,453		87,496
Pass Rated [Member] | Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	356,565		346,493
Pass Rated [Member] | Commercial, Financial, and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	768,898	[2]	783,891	[2]
Pass Rated [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	1,051,853	[2]	1,022,149	[2]
Pass Rated [Member] | Leases [Member]
Financing Receivable, Recorded Investment [Line Items]
Total ending loan balance, recorded investment	3,262		3,157
Recorded Investment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment	2,455,605		2,450,171
Recorded Investment [Member] | SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment	10,238	[2]
Recorded Investment [Member] | Vision Commercial Land And Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment			15,142	[2]
Recorded Investment [Member] | Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment	113,724		115,804
Recorded Investment [Member] | Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment	401,548		393,162
Recorded Investment [Member] | Commercial, Financial, and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment	809,893	[2]	826,903	[2]
Recorded Investment [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment	1,116,940	[2]	1,096,003	[2]
Recorded Investment [Member] | Leases [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Recorded Investment	$ 3,262		$ 3,157

[1] Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

[2] * Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

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Loans (Recorded Investment In Nonaccrual Restructured And Loans Past Due 90 Days Or More And Accruing) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	$ 145,398	$ 155,536
Accruing restructured loans	22,486	29,946
Loans past due 90 days or more and accruing	1,545	3,030
Total nonperforming loans	169,429	188,512
Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	20,060	17,324
Accruing restructured loans	111	5,277
Loans past due 90 days or more and accruing	0	37
Total nonperforming loans	20,171	22,638
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	9,103	13,939
Accruing restructured loans	0
Loans past due 90 days or more and accruing	0
Total nonperforming loans	9,103	13,939
Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	15,682	14,977
Accruing restructured loans	2,853	6,597
Loans past due 90 days or more and accruing	0
Total nonperforming loans	18,535	21,574
Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	61	158
Accruing restructured loans	98	100
Loans past due 90 days or more and accruing	0
Total nonperforming loans	159	258
Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	41	149
Accruing restructured loans	169	175
Loans past due 90 days or more and accruing	0
Total nonperforming loans	210	324
Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	34,506	33,961
Accruing restructured loans	906	1,661
Loans past due 90 days or more and accruing	0	94
Total nonperforming loans	35,412	35,716
Residential Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	20,967	28,260
Accruing restructured loans	11,569	9,425
Loans past due 90 days or more and accruing	739	950
Total nonperforming loans	33,275	38,635
Residential Real Estate - HELOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	1,732	1,689
Accruing restructured loans	754	736
Loans past due 90 days or more and accruing	0
Total nonperforming loans	2,486	2,425
Residential Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	979	1,670
Accruing restructured loans	927	780
Loans past due 90 days or more and accruing	0	54
Total nonperforming loans	1,906	2,504
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	38,818	40,983
Accruing restructured loans	3,310	3,295
Loans past due 90 days or more and accruing	0	1,007
Total nonperforming loans	42,128	45,285
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Nonaccrual loans	3,449	2,426
Accruing restructured loans	1,789	1,900
Loans past due 90 days or more and accruing	806	888
Total nonperforming loans	$ 6,044	$ 5,214

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Consolidated Condensed Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Statement of Financial Position [Abstract]
Securities available-for-sale, amortized cost	$ 1,067,835	$ 1,099,658
Securities held-to-maturity, fair value	$ 238,519	$ 410,705
Common stock no par value
Common stock shares authorized	20,000,000	20,000,000
Common stock shares issued	16,150,966	16,150,987
Treasury stock shares	738,989	738,989

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Loans

6 Months Ended

Jun. 30, 2013

Loans and Leases Receivable Disclosure [Abstract]

Loans

Loans

The composition of the loan portfolio, by class of loan, as of June 30, 2013 and December 31, 2012 was as follows:

	June 30, 2013						December 31, 2012
(In thousands)	Loan balance		Accrued interest receivable		Recorded investment		Loan balance		Accrued interest receivable		Recorded investment
Commercial, financial and agricultural *	$	806,709	$	3,184	$	809,893	$	823,927	$	2,976	$	826,903
Commercial real estate *	1,113,251		3,689		1,116,940		1,092,164		3,839		1,096,003
Construction real estate:
SEPH commercial land and development *	10,217		21		10,238		15,105		37		15,142
Remaining commercial	113,443		281		113,724		115,473		331		115,804
Mortgage	24,570		75		24,645		26,373		81		26,454
Installment	7,638		28		7,666		8,577		33		8,610
Residential real estate:
Commercial	400,540		1,008		401,548		392,203		959		393,162
Mortgage	1,091,874		2,028		1,093,902		1,064,787		1,399		1,066,186
HELOC	209,902		841		210,743		212,905		892		213,797
Installment	38,446		144		38,590		43,750		176		43,926
Consumer	690,892		2,794		693,686		651,930		2,835		654,765
Leases	3,234		28		3,262		3,128		29		3,157
Total loans	$	4,510,716	$	14,121	$	4,524,837	$	4,450,322	$	13,587	$	4,463,909

* Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

Credit Quality

The following tables present the recorded investment in nonaccrual loans, accruing troubled debt restructurings, and loans past due 90 days or more and still accruing by class of loan as of June 30, 2013 and December 31, 2012:

	June 30, 2013
(In thousands)	Nonaccrual loans		Accruing troubled debt restructurings		Loans past due 90 days or more and accruing		Total nonperforming loans
Commercial, financial and agricultural	$	20,060	$	111	$	—	$	20,171
Commercial real estate	38,818		3,310		—		42,128
Construction real estate:
SEPH commercial land and development	9,103		—		—		9,103
Remaining commercial	15,682		2,853		—		18,535
Mortgage	61		98		—		159
Installment	41		169		—		210
Residential real estate:
Commercial	34,506		906		—		35,412
Mortgage	20,967		11,569		739		33,275
HELOC	1,732		754		—		2,486
Installment	979		927		—		1,906
Consumer	3,449		1,789		806		6,044
Total loans	$	145,398	$	22,486	$	1,545	$	169,429

	December 31, 2012
(In thousands)	Nonaccrual loans		Accruing troubled debt restructurings		Loans past due 90 days or more and accruing		Total nonperforming loans
Commercial, financial and agricultural	$	17,324	$	5,277	$	37	$	22,638
Commercial real estate	40,983		3,295		1,007		45,285
Construction real estate:
SEPH commercial land and development	13,939		—		—		13,939
Remaining commercial	14,977		6,597		—		21,574
Mortgage	158		100		—		258
Installment	149		175		—		324
Residential real estate:
Commercial	33,961		1,661		94		35,716
Mortgage	28,260		9,425		950		38,635
HELOC	1,689		736		—		2,425
Installment	1,670		780		54		2,504
Consumer	2,426		1,900		888		5,214
Total loans	$	155,536	$	29,946	$	3,030	$	188,512

The following table provides additional information regarding those nonaccrual and accruing troubled debt restructured loans that were individually evaluated for impairment and those collectively evaluated for impairment as of June 30, 2013 and December 31, 2012.

	June 30, 2013						December 31, 2012
(In thousands)	Nonaccrual and accruing troubled debt restructured loans		Loans individually evaluated for impairment		Loans collectively evaluated for impairment		Nonaccrual and accruing troubled debt restructured loans		Loans individually evaluated for impairment		Loans collectively evaluated for impairment
Commercial, financial and agricultural	$	20,171	$	20,154	$	17	$	22,601	$	22,587	$	14
Commercial real estate	42,128		42,128		—		44,278		44,278		—
Construction real estate:
SEPH commercial land and development	9,103		9,074		29		13,939		13,260		679
Remaining commercial	18,535		18,535		—		21,574		21,574		—
Mortgage	159		—		159		258		—		258
Installment	210		—		210		324		—		324
Residential real estate:
Commercial	35,412		35,412		—		35,622		35,622		—
Mortgage	32,536		—		32,536		37,685		—		37,685
HELOC	2,486		—		2,486		2,425		—		2,425
Installment	1,906		—		1,906		2,450		—		2,450
Consumer	5,238		799		4,439		4,326		18		4,308
Total loans	$	167,884	$	126,102	$	41,782	$	185,482	$	137,339	$	48,143

All of the loans individually evaluated for impairment were evaluated using the fair value of the collateral or present value of expected future cash flows as the measurement method.

The following table presents loans individually evaluated for impairment by class of loan as of June 30, 2013 and December 31, 2012.

	June 30, 2013						December 31, 2012
(In thousands)	Unpaid principal balance		Recorded investment		Allowance for loan losses allocated		Unpaid principal balance		Recorded investment		Allowance for loan losses allocated
With no related allowance recorded:
Commercial, financial and agricultural	$	20,857	$	12,175	$	—	$	23,782	$	14,683	$	—
Commercial real estate	62,272		39,013		—		56,258		35,097		—
Construction real estate:
SEPH commercial land and development	47,400		9,074		—		56,075		12,740		—
Remaining commercial	21,621		9,356		—		29,328		14,093		—
Residential real estate:
Commercial	30,014		31,455		—		39,918		31,957		—
Consumer	799		799		—		18		18		—
With an allowance recorded:
Commercial, financial and agricultural	12,672		7,979		3,210		12,268		7,904		3,180
Commercial real estate	3,433		3,115		703		11,412		9,181		1,540
Construction real estate:
SEPH commercial land and development	—		—		—		1,271		520		—
Remaining commercial	10,824		9,179		2,580		8,071		7,481		2,277
Residential real estate:
Commercial	4,979		3,957		973		3,944		3,665		1,279
Consumer	—		—		—		—		—		—
Total	$	214,871	$	126,102	$	7,466	$	242,345	$	137,339	$	8,276

Management’s general practice is to proactively charge down loans individually evaluated for impairment to the fair value of the underlying collateral. At June 30, 2013 and December 31, 2012, there were $89.1 million and $96.9 million, respectively, of partial charge-offs on loans individually evaluated for impairment with no related allowance recorded and $7.7 million and $8.2 million, respectively, of partial charge-offs on loans individually evaluated for impairment that also had a specific reserve allocated.

The allowance for loan losses included specific reserves related to loans individually evaluated for impairment at June 30, 2013 and December 31, 2012 of $7.5 million and $8.3 million, respectively. These loans with specific reserves had a recorded investment of $24.2 million and $28.8 million as of June 30, 2013 and December 31, 2012, respectively.

Interest income on loans individually evaluated for impairment is recognized on a cash basis. The following table presents the average recorded investment and interest income recognized on loans individually evaluated for impairment as of and for the three and six months ended June 30, 2013 and June 30, 2012:

	Three Months Ended June 30, 2013						Three Months Ended June 30, 2012
(In thousands)	Recorded investment as of June 30, 2013		Average recorded investment		Interest income recognized		Recorded investment as of June 30, 2012		Average recorded investment		Interest income recognized
Commercial, financial and agricultural	$	20,154	$	21,148	$	82	$	41,591	$	42,056	$	205
Commercial real estate	42,128		40,047		259		43,969		42,689		287
Construction real estate:
SEPH commercial land and development	9,074		9,532		—		17,272		18,412		—
Remaining commercial	18,535		19,390		192		29,562		31,428		199
Residential real estate:
Commercial	35,412		36,141		112		37,277		40,359		125
Consumer	799		799		—		19		19		1
Total	$	126,102	$	127,057	$	645	$	169,690	$	174,963	$	817

	Six Months Ended June 30, 2013						Six Months Ended June 30, 2012
(In thousands)	Recorded investment as of June 30, 2013		Average recorded investment		Interest income recognized		Recorded investment as of June 30, 2012		Average recorded investment		Interest income recognized
Commercial, financial and agricultural	$	20,154	$	21,252	$	210	$	41,591	$	41,218	$	310
Commercial real estate	42,128		41,840		515		43,969		45,758		494
Construction real estate:
SEPH commercial land and development	9,074		10,854		—		17,272		20,302		—
Remaining commercial	18,535		20,103		412		29,562		28,899		450
Residential real estate:
Commercial	35,412		35,897		242		37,277		41,541		165
Consumer	799		459		—		19		20		1
Total	$	126,102	$	130,405	$	1,379	$	169,690	$	177,738	$	1,420

The following tables present the aging of the recorded investment in past due loans as of June 30, 2013 and December 31, 2012 by class of loan.

	June 30, 2013
(In thousands)	Accruing loans past due 30-89 days		Past due  nonaccrual loans and loans past due 90 days or more and  accruing*		Total past due		Total current		Total recorded investment
Commercial, financial and agricultural	$	852	$	15,335	$	16,187	$	793,706	$	809,893
Commercial real estate	2,982		14,095		17,077		1,099,863		1,116,940
Construction real estate:
SEPH commercial land and development	—		7,477		7,477		2,761		10,238
Remaining commercial	—		3,941		3,941		109,783		113,724
Mortgage	223		61		284		24,361		24,645
Installment	73		—		73		7,593		7,666
Residential real estate:
Commercial	1,064		5,730		6,794		394,754		401,548
Mortgage	12,267		13,548		25,815		1,068,087		1,093,902
HELOC	442		604		1,046		209,697		210,743
Installment	427		314		741		37,849		38,590
Consumer	10,468		3,647		14,115		679,571		693,686
Leases	—		—		—		3,262		3,262
Total loans	$	28,798	$	64,752	$	93,550	$	4,431,287	$	4,524,837

* Includes $1.5 million of loans past due 90 days or more and accruing. The remaining are past due, nonaccrual loans and accruing troubled debt restructurings.

	December 31, 2012
(in thousands)	Accruing loans past due 30-89 days		Past due nonaccrual  loans and loans past due 90 days or more and accruing*		Total past due		Total current		Total recorded investment
Commercial, financial and agricultural	$	6,251	$	11,811	$	18,062	$	808,841	$	826,903
Commercial real estate	2,212		26,355		28,567		1,067,436		1,096,003
Construction real estate:
SEPH commercial land and development	686		11,314		12,000		3,142		15,142
Remaining commercial	3,652		5,838		9,490		106,314		115,804
Mortgage	171		85		256		26,198		26,454
Installment	135		40		175		8,435		8,610
Residential real estate:
Commercial	1,163		5,917		7,080		386,082		393,162
Mortgage	11,948		17,370		29,318		1,036,868		1,066,186
HELOC	620		309		929		212,868		213,797
Installment	563		787		1,350		42,576		43,926
Consumer	12,924		2,688		15,612		639,153		654,765
Leases	—		—		—		3,157		3,157
Total loans	$	40,325	$	82,514	$	122,839	$	4,341,070	$	4,463,909

* Includes $3.0 million of loans past due 90 days or more and accruing. The remaining are past due, nonaccrual loans and accruing troubled debt restructurings.

Credit Quality Indicators

Management utilizes past due information as a credit quality indicator across the loan portfolio. Past due information as of June 30, 2013 and December 31, 2012 is included in the tables above. The past due information is the primary credit quality indicator within the following classes of loans: (1) mortgage loans and installment loans in the construction real estate segment; (2) mortgage loans, HELOC and installment loans in the residential real estate segment; and (3) consumer loans. The primary credit indicator for commercial loans is based on an internal grading system that grades all commercial loans from 1 to 8. Credit grades are continuously monitored by the respective loan officer and adjustments are made when appropriate. A grade of 1 indicates little or no credit risk and a grade of 8 is considered a loss. Commercial loans with grades of 1 to 4.5 (pass-rated) are considered to be of acceptable credit risk. Commercial loans graded a 5 (special mention) are considered to be watch list credits and a higher loan loss reserve percentage is allocated to these loans. Loans classified as special mention have potential weaknesses that require management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. Commercial loans graded 6 (substandard), also considered watch list credits, are considered to represent higher credit risk and, as a result, a higher loan loss reserve percentage is allocated to these loans. Loans classified as substandard are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that Park will sustain some loss if the deficiencies are not corrected. Commercial loans that are graded a 7 (doubtful) are shown as nonaccrual and Park generally charges these loans down to their fair value by taking a partial charge-off or recording a specific reserve. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Certain 6-rated loans and all 7-rated loans are included within the impaired category. A loan is deemed impaired when management determines the borrower's ability to perform in accordance with the contractual loan agreement is in doubt. Any commercial loan graded an 8 (loss) is completely charged off.

The tables below present the recorded investment by loan grade at June 30, 2013 and December 31, 2012 for all commercial loans:

	June 30, 2013
(In thousands)	5 Rated		6 Rated		Impaired		Pass Rated		Recorded Investment
Commercial, financial and agricultural *	$	11,210	$	9,614	$	20,171	$	768,898	$	809,893
Commercial real estate *	20,586		2,373		42,128		1,051,853		1,116,940
Construction real estate:
SEPH commercial land and development *	385		—		9,103		750		10,238
Remaining commercial	5,736		—		18,535		89,453		113,724
Residential real estate:
Commercial	8,312		1,259		35,412		356,565		401,548
Leases	—		—		—		3,262		3,262
Total Commercial Loans	$	46,229	$	13,246	$	125,349	$	2,270,781	$	2,455,605

 * Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

	December 31, 2012
(In thousands)	5 Rated		6 Rated		Impaired		Pass Rated		Recorded Investment
Commercial, financial and agricultural *	$	9,537	$	10,874	$	22,601	$	783,891	$	826,903
Commercial real estate *	25,616		3,960		44,278		1,022,149		1,096,003
Construction real estate:
SEPH commercial land and development *	411		—		13,939		792		15,142
Remaining commercial	6,734		—		21,574		87,496		115,804
Residential real estate:
Commercial	8,994		2,053		35,622		346,493		393,162
Leases	—		—		—		3,157		3,157
Total Commercial Loans	$	51,292	$	16,887	$	138,014	$	2,243,978	$	2,450,171

* Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

Troubled Debt Restructurings (TDRs)

Management classifies loans as TDRs when a borrower is experiencing financial difficulties and Park has granted a concession to the borrower as part of a modification or in the loan renewal process. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of the borrower's debt in the foreseeable future without the modification. This evaluation is performed under the Company’s internal underwriting policy. Management’s policy is to modify loans by extending the term or by granting a temporary or permanent contractual interest rate below the market rate, not by forgiving debt. Certain loans which were modified during the period ended June 30, 2013 did not meet the definition of a TDR as the modification was a delay in a payment that was considered to be insignificant. Management considers a forbearance period of up to three months or a delay in payment of up to 30 days to be insignificant. TDRs may be classified as accruing if the borrower has been current for a period of at least six months with respect to loan payments and management expects that the borrower will be able to continue to make payments in accordance with the terms of the restructured note. Management reviews all accruing TDRs quarterly to ensure payments continue to be made in accordance with the modified terms.

Management reviews renewals/modifications of loans previously identified as TDRs to consider if it is appropriate to remove the TDR classification. If the borrower is no longer experiencing financial difficulty and the renewal/modification does not contain a concessionary interest rate or other concessionary terms, management considers the potential removal of the TDR classification. If deemed appropriate, the TDR classification is removed as the borrower has complied with the terms of the loan at the date of the renewal/modification and there was a reasonable expectation that the borrower would continue to comply with the terms of the loan subsequent to the date of the renewal/modification. The majority of these TDRs were originally considered restructurings in a prior year as a result of a modification with an interest rate that was not commensurate with the risk of the underlying loan. During both the three-month and six-month periods ended June 30, 2013, Park removed the TDR classification on $2.9 million of loans that met the requirements discussed above.

At June 30, 2013 and December 31, 2012, there were $81.9 million and $84.7 million, respectively, of TDRs included in nonaccrual loan totals. At June 30, 2013 and December 31, 2012, $59.0 million and $52.6 million of these nonaccrual TDRs were performing in accordance with the terms of the restructured note. As of June 30, 2013 and December 31, 2012, there were $22.5 million and $29.9 million, respectively, of TDRs included in accruing loan totals. Management will continue to review the restructured loans and may determine it appropriate to move certain of the loans back to accrual status in the future. At June 30, 2013 and December 31, 2012, Park had commitments to lend $5.1 million and $5.0 million, respectively, of additional funds to borrowers whose terms had been modified in a TDR.

The specific reserve related to TDRs at June 30, 2013 and December 31, 2012 was $5.0 million and $5.6 million, respectively. Modifications made in 2012 and 2013 were largely the result of renewals, extending the maturity date of the loan, at terms consistent with the original note. These modifications were deemed to be TDRs primarily due to Park’s conclusion that the borrower would likely not have qualified for similar terms through another lender. Many of the modifications deemed to be TDRs were previously identified as impaired loans, and thus were also previously evaluated for impairment under ASC 310.  Additional specific reserves of $33,000 and $271,000 were recorded during the three-month and six-month periods ending June 30, 2013, respectively, as a result of TDRs identified in the 2013 year. Additional specific reserves of $818,000 and $1.1 million were recorded during the three-month and six-month periods ending June 30, 2012, respectively, as a result of TDRs identified in the 2012 year.

The terms of certain other loans were modified during the six-month period ended June 30, 2013 and June 30, 2012 that did not meet the definition of a TDR. Modified substandard commercial loans which did not meet the definition of a TDR had a total recorded investment as of June 30, 2013 and June 30, 2012 of $1.0 million and $1.2 million, respectively. The modification of these loans: (1) involved a modification of the terms of a loan to a borrower who was not experiencing financial difficulties, (2) resulted in a delay in a payment that was considered to be insignificant, or (3) resulted in Park obtaining additional collateral or guarantees that improved the likelihood of the ultimate collection of the loan such that the modification was deemed to be at market terms.  Modified consumer loans which did not meet the definition of a TDR had a total recorded investment as of June 30, 2013 and June 30, 2012 of $12.0 million and $16.0 million, respectively. Many of these loans were to borrowers who were not experiencing financial difficulties but who were looking to reduce their cost of funds.

The following tables detail the number of contracts modified as TDRs during the three-month and six-month periods ended June 30, 2013 and June 30, 2012, as well as the recorded investment of these contracts at June 30, 2013 and June 30, 2012. The recorded investment pre- and post-modification is generally the same due to the fact that Park does not typically provide for forgiveness of principle.

During the second half of 2012, general guidance was issued by the Office of the Comptroller of the Currency ("OCC") clarifying the requirement to identify as a TDR loans whereby the borrower's obligation to PNB had been discharged in bankruptcy and the borrower has not reaffirmed the debt. These TDRs are included in the current year modified totals below, within the residential real estate and consumer segments.

	Three Months Ended June 30, 2013
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	7	$	106	$	156	$	262
Commercial real estate	5	—		1,502		1,502
Construction real estate:
SEPH commercial land and development	—	—		—		—
Remaining commercial	1	180		—		180
Mortgage	—	—		—		—
Installment	—	—		—		—
Residential real estate:
Commercial	8	—		1,007		1,007
Mortgage	21	582		1,032		1,614
HELOC	3	28		—		28
Installment	3	24		35		59
Consumer	103	378		212		590
Total loans	151	$	1,298	$	3,944	$	5,242

	Three Months Ended June 30, 2012
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	11	$	175	$	2,692	$	2,867
Commercial real estate	4	—		1,739		1,739
Construction real estate:
SEPH commercial land and development	—	—		—		—
Remaining commercial	1	—		258		258
Mortgage	—	—		—		—
Installment	—	—		—		—
Residential real estate:
Commercial	2	—		675		675
Mortgage	6	—		1,338		1,338
HELOC	—	—		—		—
Installment	3	—		169		169
Consumer	—	—		—		—
Total loans	27	$	175	$	6,871	$	7,046

Of those loans listed in the tables above which were modified during the three-month period ended June 30, 2013, $3.0 million were on nonaccrual status as of December 31, 2012, but were not classified as TDRs. Of those loans which were modified during the three-month period ended June 30, 2012, $2.2 million were on nonaccrual status as of December 31, 2011, but were not classified as TDRs.

	Six Months Ended June 30, 2013
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	14	$	7	$	489	$	496
Commercial real estate	7	25		1,653		1,678
Construction real estate:
SEPH commercial land and development	—	—		—		—
Remaining commercial	2	217		—		217
Mortgage	—	—		—		—
Installment	2	—		25		25
Residential real estate:
Commercial	14	376		2,582		2,958
Mortgage	33	1,457		1,274		2,731
HELOC	7	91		—		91
Installment	7	70		35		105
Consumer	175	582		272		854
Total loans	261	$	2,825	$	6,330	$	9,155

	Six Months Ended June 30, 2012
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	16	$	1,862	$	3,428	$	5,290
Commercial real estate	20	1,836		4,677		6,513
Construction real estate:
SEPH commercial land and development	4	—		862		862
Remaining commercial	10	3,776		6,575		10,351
Mortgage	—	—		—		—
Installment	—	—		—		—
Residential real estate:
Commercial	5	—		814		814
Mortgage	15	222		2,379		2,601
HELOC	—	—		—		—
Installment	3	—		170		170
Consumer	1	—		91		91
Total loans	74	$	7,696	$	18,996	$	26,692

Of those loans listed in the tables above which were modified during the six-month period ended June 30, 2013, $3.3 million were on nonaccrual status as of December 31, 2012, but were not classified as TDRs. Of those loans which were modified during the six-month period ended June 30, 2012, $8.0 million were on nonaccrual status as of December 31, 2011, but were not classified as TDRs.

The following table presents the recorded investment in financing receivables which were modified as TDRs within the previous 12 months and for which there was a payment default during the three-month and six-month periods ended June 30, 2013 and June 30, 2012, respectively. For this table, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional allowance for loan loss resulting from the defaults on TDR loans was immaterial.

	Three Months Ended June 30, 2013			Three Months Ended June 30, 2012
(In thousands)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Commercial, financial and agricultural	11	$	726	6	$	6,546
Commercial real estate	2	187		7	1,820
Construction real estate:
SEPH commercial land and development	2	242		3	639
Remaining commercial	2	321		4	3,267
Mortgage	—	—		—	—
Installment	—	—		—	—
Residential real estate:
Commercial	9	2,200		6	1,626
Mortgage	26	2,038		9	830
HELOC	5	83		1	46
Installment	9	141		2	169
Consumer	100	559		—	—
Leases	—	—		—	—
Total loans	166	$	6,497	38	$	14,943

Of the $6.5 million in modified TDRs which defaulted during the three months ended June 30, 2013, $421,000 were accruing loans and $6.1 million were nonaccrual loans. Of the $14.9 million in modified TDRs which defaulted during the three months ended June 30, 2012, $110,000 were accruing loans and $14.8 million were nonaccrual loans.

	Six Months Ended June 30, 2013			Six Months Ended June 30, 2012
(In thousands)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Commercial, financial and agricultural	12	$	736	9	$	6,786
Commercial real estate	2	187		7	1,820
Construction real estate:
SEPH commercial land and development	3	257		3	639
Remaining commercial	2	321		7	4,699
Mortgage	—	—		—	—
Installment	1	12		—	—
Residential real estate:
Commercial	9	2,200		6	1,626
Mortgage	38	2,981		11	1,165
HELOC	6	120		1	46
Installment	10	162		2	169
Consumer	115	632		—	—
Leases	—	—		—	—
Total loans	198	$	7,608	46	$	16,950

Of the $7.6 million in modified TDRs which defaulted during the six months ended June 30, 2013, $1.1 million were accruing loans and $6.5 million were nonaccrual loans. Of the $17.0 million in modified TDRs which defaulted during the six months ended June 30, 2012, $110,000 were accruing loans and $16.9 million were nonaccrual loans.

XML

Consolidated Condensed Statements of Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Statement of Comprehensive Income [Abstract]
Net Income	$ 20,034	$ 18,886	$ 40,744	$ 50,361
Other comprehensive income, net of tax:
Change in funded status of pension plan, net of income taxes of $222 for the three months ended June 30, 2012	0	0		412
Unrealized net holding gain on cash flow hedge, net of income taxes of $79 for the three months ended June 30, 2012 and $139 for the six months ended June 30, 2012	0	146		259
Unrealized net holding loss on securities available-for-sale, net of income taxes of $(11,058) and $1,511 for the three months ended June 30, 2013 and 2012 and $(12,340) and $326 for the six months ended June 30, 2013 and 2012, respectively	(20,537)	2,806	(22,916)	604
Other comprehensive income (loss)	(20,537)	2,952	(22,916)	1,275
Comprehensive income	$ (503)	$ 21,838	$ 17,828	$ 51,636

XML

Mortgage Loans Held For Sale (Details) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2013	Dec. 31, 2012
Loans Receivable Held-for-sale, Net [Abstract]
Mortgage loans held for sale	$ 13,138,000	$ 25,743,000
Mortgage loans held for sale, contractual balance	13,000,000	25,200,000
Gain expected upon sale of mortgage loans	$ 177,000	$ 568,000

XML

Consolidated Condensed Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Assets:
Cash and due from banks	$ 117,910	$ 164,120
Money market instruments	236,016	37,185
Cash and cash equivalents	353,926	201,305
Investment securities:
Securities available-for-sale, at fair value (amortized cost of $1,067,835 and $1,099,658 at June 30, 2013 and December 31, 2012)	1,047,375	1,114,454
Securities held-to-maturity, at amortized cost (fair value of $238,519 and $410,705 at June 30, 2013 and December 31, 2012)	231,787	401,390
Other investment securities	65,907	65,907
Total investment securities	1,345,069	1,581,751
Loans	4,510,716	4,450,322
Allowance for loan losses	(55,111)	(55,537)
Net loans	4,455,605	4,394,785
Bank owned life insurance	167,740	161,069
Goodwill and other intangible assets	72,446	72,671
Bank premises and equipment, net	56,822	53,751
Other real estate owned	35,662	35,718
Accrued interest receivable	18,840	19,710
Mortgage loan servicing rights	8,260	7,763
Other	126,103	114,280
Total assets	6,640,473	6,642,803
Liabilities and Stockholders' Equity:
Noninterest bearing	1,095,454	1,137,290
Interest bearing	3,755,860	3,578,742
Total deposits	4,851,314	4,716,032
Short-term borrowings	223,489	344,168
Long-term debt	783,136	781,658
Subordinated debentures and notes	80,250	80,250
Accrued interest payable	3,232	3,459
Other	59,833	66,870
Total liabilities	6,001,254	5,992,437
COMMITMENTS AND CONTINGENCIES
Stockholders' equity:
Common stock (No par value; 20,000,000 shares authorized; 16,150,966 shares issued at June 30, 2013 and 16,150,987 shares issued at December 31, 2012)	302,653	302,654
Retained earnings	453,375	441,605
Treasury stock (738,989 shares at June 30, 2013 and at December 31, 2012)	(76,375)	(76,375)
Accumulated other comprehensive (loss), net of taxes	(40,434)	(17,518)
Total stockholders' equity	639,219	650,366
Total liabilities and stockholders' equity	$ 6,640,473	$ 6,642,803

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Loans (TDR Number Of Contracts Modified And Recorded Investment) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013 contracts	Jun. 30, 2012 contracts	Jun. 30, 2013 contracts	Jun. 30, 2012 contracts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	166	38	198	46
Number of Contracts	151	27	261	74
Total Recorded Investment	$ 5,242	$ 7,046	$ 9,155	$ 26,692
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	6,497	14,943	7,608	16,950
Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of Contracts	0	0	0	0
Total Recorded Investment
Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	11	6	12	9
Number of Contracts	7	11	14	16
Total Recorded Investment	262	2,867	496	5,290
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	726	6,546	736	6,786
Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	2	4	2	7
Number of Contracts	1	1	2	10
Total Recorded Investment	180	258	217	10,351
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	321	3,267	321	4,699
Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	9	6	9	6
Number of Contracts	8	2	14	5
Total Recorded Investment	1,007	675	2,958	814
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	2,200	1,626	2,200	1,626
Residential Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	26	9	38	11
Number of Contracts	21	6	33	15
Total Recorded Investment	1,614	1,338	2,731	2,601
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	2,038	830	2,981	1,165
Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of Contracts	0	0	2	0
Total Recorded Investment			25
Residential Real Estate Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	59	169	105	170
SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	2	3	3	3
Number of Contracts	0	0	0	4
Total Recorded Investment				862
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	242	639	257	639
Residential Real Estate Home Equity Line Of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	5	1	6	1
Number of Contracts	3	0	7	0
Total Recorded Investment	28	0	91	0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	83	46	120	46
Consumer Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	100	0	115	0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	559	0	632	0
Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	0	0	0	0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	0	0	0	0
Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	0	0	1	0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	0	0	12	0
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	2	7	2	7
Number of Contracts	5	4	7	20
Total Recorded Investment	1,502	1,739	1,678	6,513
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	187	1,820	187	1,820
Residential Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	9	2	10	2
Number of Contracts	3	3	7	3
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	141	169	162	169
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of Contracts	103	0	175	1
Total Recorded Investment	590		854	91
Finance Leases Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period	0	0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	0	0
Accruing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	1,298	175	2,825	7,696
Accruing [Member] | Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	0	0	0	0
Accruing [Member] | Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	106	175	7	1,862
Accruing [Member] | Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	180		217	3,776
Accruing [Member] | Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment			376
Accruing [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	582	0	1,457	222
Accruing [Member] | Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	0	0	0	0
Accruing [Member] | Residential Real Estate Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	24		70
Accruing [Member] | SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment
Accruing [Member] | Residential Real Estate Home Equity Line Of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	28	0	91	0
Accruing [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment			25	1,836
Accruing [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	378		582
Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	3,944	6,871	6,330	18,996
Nonaccrual [Member] | Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment
Nonaccrual [Member] | Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	156	2,692	489	3,428
Nonaccrual [Member] | Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment		258		6,575
Nonaccrual [Member] | Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	1,007	675	2,582	814
Nonaccrual [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	1,032	1,338	1,274	2,379
Nonaccrual [Member] | Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment			25
Nonaccrual [Member] | Residential Real Estate Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	35	169	35	170
Nonaccrual [Member] | SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment				862
Nonaccrual [Member] | Residential Real Estate Home Equity Line Of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	0	0	0	0
Nonaccrual [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	1,502	1,739	1,653	4,677
Nonaccrual [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Recorded Investment	$ 212		$ 272	$ 91

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Other Comprehensive Income (Loss) (Component Of Accumulated Other Comprehensive Income (Loss)) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Mar. 31, 2013	Dec. 31, 2012	Mar. 31, 2012	Dec. 31, 2011
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	$ 0	$ 146	$ 0	$ 259
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax	(20,537)	2,806	(22,916)	604
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	0	0		412
Other Comprehensive Income (Loss), Net of Tax	(20,537)	2,952	(22,916)	1,275
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, before Reclassification Adjustments, Net of Tax	(20,537)		(22,916)
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments, Net of Tax	0		0
Changes in pension plan assets and benefit obligations, Net-of-tax amount	(27,134)	(20,542)	(27,134)	(20,542)	27,134	27,134	20,542	20,954
Unrealized gains on available-for-sale securities, Net-of-tax amount	(13,300)	13,277	(13,300)	13,277	7,237	9,616	10,471	12,673
Unrealized net holding loss on cash flow hedge, Net-of-tax amount	0	(291)	0	(291)	0	0	(437)	(550)
Total accumulated other comprehensive income (loss), Net-of-tax amount	$ (40,434)	$ (7,556)	$ (40,434)	$ (7,556)	$ (19,897)	$ (17,518)	$ (10,508)	$ (8,831)

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Loans (Tables)

6 Months Ended

Jun. 30, 2013

Loans and Leases Receivable Disclosure [Abstract]

Composition Of Loan Portfolio By Class Of Loan

The composition of the loan portfolio, by class of loan, as of June 30, 2013 and December 31, 2012 was as follows:

	June 30, 2013						December 31, 2012
(In thousands)	Loan balance		Accrued interest receivable		Recorded investment		Loan balance		Accrued interest receivable		Recorded investment
Commercial, financial and agricultural *	$	806,709	$	3,184	$	809,893	$	823,927	$	2,976	$	826,903
Commercial real estate *	1,113,251		3,689		1,116,940		1,092,164		3,839		1,096,003
Construction real estate:
SEPH commercial land and development *	10,217		21		10,238		15,105		37		15,142
Remaining commercial	113,443		281		113,724		115,473		331		115,804
Mortgage	24,570		75		24,645		26,373		81		26,454
Installment	7,638		28		7,666		8,577		33		8,610
Residential real estate:
Commercial	400,540		1,008		401,548		392,203		959		393,162
Mortgage	1,091,874		2,028		1,093,902		1,064,787		1,399		1,066,186
HELOC	209,902		841		210,743		212,905		892		213,797
Installment	38,446		144		38,590		43,750		176		43,926
Consumer	690,892		2,794		693,686		651,930		2,835		654,765
Leases	3,234		28		3,262		3,128		29		3,157
Total loans	$	4,510,716	$	14,121	$	4,524,837	$	4,450,322	$	13,587	$	4,463,909

* Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

Recorded Investment In Nonaccrual Restructured And Loans Past Due 90 Days Or More And Accruing

The following tables present the recorded investment in nonaccrual loans, accruing troubled debt restructurings, and loans past due 90 days or more and still accruing by class of loan as of June 30, 2013 and December 31, 2012:

	June 30, 2013
(In thousands)	Nonaccrual loans		Accruing troubled debt restructurings		Loans past due 90 days or more and accruing		Total nonperforming loans
Commercial, financial and agricultural	$	20,060	$	111	$	—	$	20,171
Commercial real estate	38,818		3,310		—		42,128
Construction real estate:
SEPH commercial land and development	9,103		—		—		9,103
Remaining commercial	15,682		2,853		—		18,535
Mortgage	61		98		—		159
Installment	41		169		—		210
Residential real estate:
Commercial	34,506		906		—		35,412
Mortgage	20,967		11,569		739		33,275
HELOC	1,732		754		—		2,486
Installment	979		927		—		1,906
Consumer	3,449		1,789		806		6,044
Total loans	$	145,398	$	22,486	$	1,545	$	169,429

	December 31, 2012
(In thousands)	Nonaccrual loans		Accruing troubled debt restructurings		Loans past due 90 days or more and accruing		Total nonperforming loans
Commercial, financial and agricultural	$	17,324	$	5,277	$	37	$	22,638
Commercial real estate	40,983		3,295		1,007		45,285
Construction real estate:
SEPH commercial land and development	13,939		—		—		13,939
Remaining commercial	14,977		6,597		—		21,574
Mortgage	158		100		—		258
Installment	149		175		—		324
Residential real estate:
Commercial	33,961		1,661		94		35,716
Mortgage	28,260		9,425		950		38,635
HELOC	1,689		736		—		2,425
Installment	1,670		780		54		2,504
Consumer	2,426		1,900		888		5,214
Total loans	$	155,536	$	29,946	$	3,030	$	188,512

Loans Individually And Collectively Evaluated For Impairment

The following table provides additional information regarding those nonaccrual and accruing troubled debt restructured loans that were individually evaluated for impairment and those collectively evaluated for impairment as of June 30, 2013 and December 31, 2012.

	June 30, 2013						December 31, 2012
(In thousands)	Nonaccrual and accruing troubled debt restructured loans		Loans individually evaluated for impairment		Loans collectively evaluated for impairment		Nonaccrual and accruing troubled debt restructured loans		Loans individually evaluated for impairment		Loans collectively evaluated for impairment
Commercial, financial and agricultural	$	20,171	$	20,154	$	17	$	22,601	$	22,587	$	14
Commercial real estate	42,128		42,128		—		44,278		44,278		—
Construction real estate:
SEPH commercial land and development	9,103		9,074		29		13,939		13,260		679
Remaining commercial	18,535		18,535		—		21,574		21,574		—
Mortgage	159		—		159		258		—		258
Installment	210		—		210		324		—		324
Residential real estate:
Commercial	35,412		35,412		—		35,622		35,622		—
Mortgage	32,536		—		32,536		37,685		—		37,685
HELOC	2,486		—		2,486		2,425		—		2,425
Installment	1,906		—		1,906		2,450		—		2,450
Consumer	5,238		799		4,439		4,326		18		4,308
Total loans	$	167,884	$	126,102	$	41,782	$	185,482	$	137,339	$	48,143

Loans Individually Evaluated For Impairment By Class Of Loans

The following table presents loans individually evaluated for impairment by class of loan as of June 30, 2013 and December 31, 2012.

	June 30, 2013						December 31, 2012
(In thousands)	Unpaid principal balance		Recorded investment		Allowance for loan losses allocated		Unpaid principal balance		Recorded investment		Allowance for loan losses allocated
With no related allowance recorded:
Commercial, financial and agricultural	$	20,857	$	12,175	$	—	$	23,782	$	14,683	$	—
Commercial real estate	62,272		39,013		—		56,258		35,097		—
Construction real estate:
SEPH commercial land and development	47,400		9,074		—		56,075		12,740		—
Remaining commercial	21,621		9,356		—		29,328		14,093		—
Residential real estate:
Commercial	30,014		31,455		—		39,918		31,957		—
Consumer	799		799		—		18		18		—
With an allowance recorded:
Commercial, financial and agricultural	12,672		7,979		3,210		12,268		7,904		3,180
Commercial real estate	3,433		3,115		703		11,412		9,181		1,540
Construction real estate:
SEPH commercial land and development	—		—		—		1,271		520		—
Remaining commercial	10,824		9,179		2,580		8,071		7,481		2,277
Residential real estate:
Commercial	4,979		3,957		973		3,944		3,665		1,279
Consumer	—		—		—		—		—		—
Total	$	214,871	$	126,102	$	7,466	$	242,345	$	137,339	$	8,276

Average Recorded Investment And Interest Income Recognized On Loans Individually Evaluated For Impairment

The following table presents the average recorded investment and interest income recognized on loans individually evaluated for impairment as of and for the three and six months ended June 30, 2013 and June 30, 2012:

	Three Months Ended June 30, 2013						Three Months Ended June 30, 2012
(In thousands)	Recorded investment as of June 30, 2013		Average recorded investment		Interest income recognized		Recorded investment as of June 30, 2012		Average recorded investment		Interest income recognized
Commercial, financial and agricultural	$	20,154	$	21,148	$	82	$	41,591	$	42,056	$	205
Commercial real estate	42,128		40,047		259		43,969		42,689		287
Construction real estate:
SEPH commercial land and development	9,074		9,532		—		17,272		18,412		—
Remaining commercial	18,535		19,390		192		29,562		31,428		199
Residential real estate:
Commercial	35,412		36,141		112		37,277		40,359		125
Consumer	799		799		—		19		19		1
Total	$	126,102	$	127,057	$	645	$	169,690	$	174,963	$	817

	Six Months Ended June 30, 2013						Six Months Ended June 30, 2012
(In thousands)	Recorded investment as of June 30, 2013		Average recorded investment		Interest income recognized		Recorded investment as of June 30, 2012		Average recorded investment		Interest income recognized
Commercial, financial and agricultural	$	20,154	$	21,252	$	210	$	41,591	$	41,218	$	310
Commercial real estate	42,128		41,840		515		43,969		45,758		494
Construction real estate:
SEPH commercial land and development	9,074		10,854		—		17,272		20,302		—
Remaining commercial	18,535		20,103		412		29,562		28,899		450
Residential real estate:
Commercial	35,412		35,897		242		37,277		41,541		165
Consumer	799		459		—		19		20		1
Total	$	126,102	$	130,405	$	1,379	$	169,690	$	177,738	$	1,420

Aging Of Recorded Investment In Past Due Loans

The following tables present the aging of the recorded investment in past due loans as of June 30, 2013 and December 31, 2012 by class of loan.

	June 30, 2013
(In thousands)	Accruing loans past due 30-89 days		Past due  nonaccrual loans and loans past due 90 days or more and  accruing*		Total past due		Total current		Total recorded investment
Commercial, financial and agricultural	$	852	$	15,335	$	16,187	$	793,706	$	809,893
Commercial real estate	2,982		14,095		17,077		1,099,863		1,116,940
Construction real estate:
SEPH commercial land and development	—		7,477		7,477		2,761		10,238
Remaining commercial	—		3,941		3,941		109,783		113,724
Mortgage	223		61		284		24,361		24,645
Installment	73		—		73		7,593		7,666
Residential real estate:
Commercial	1,064		5,730		6,794		394,754		401,548
Mortgage	12,267		13,548		25,815		1,068,087		1,093,902
HELOC	442		604		1,046		209,697		210,743
Installment	427		314		741		37,849		38,590
Consumer	10,468		3,647		14,115		679,571		693,686
Leases	—		—		—		3,262		3,262
Total loans	$	28,798	$	64,752	$	93,550	$	4,431,287	$	4,524,837

* Includes $1.5 million of loans past due 90 days or more and accruing. The remaining are past due, nonaccrual loans and accruing troubled debt restructurings.

	December 31, 2012
(in thousands)	Accruing loans past due 30-89 days		Past due nonaccrual  loans and loans past due 90 days or more and accruing*		Total past due		Total current		Total recorded investment
Commercial, financial and agricultural	$	6,251	$	11,811	$	18,062	$	808,841	$	826,903
Commercial real estate	2,212		26,355		28,567		1,067,436		1,096,003
Construction real estate:
SEPH commercial land and development	686		11,314		12,000		3,142		15,142
Remaining commercial	3,652		5,838		9,490		106,314		115,804
Mortgage	171		85		256		26,198		26,454
Installment	135		40		175		8,435		8,610
Residential real estate:
Commercial	1,163		5,917		7,080		386,082		393,162
Mortgage	11,948		17,370		29,318		1,036,868		1,066,186
HELOC	620		309		929		212,868		213,797
Installment	563		787		1,350		42,576		43,926
Consumer	12,924		2,688		15,612		639,153		654,765
Leases	—		—		—		3,157		3,157
Total loans	$	40,325	$	82,514	$	122,839	$	4,341,070	$	4,463,909

* Includes $3.0 million of loans past due 90 days or more and accruing. The remaining are past due, nonaccrual loans and accruing troubled debt restructurings.

Recorded Investment By Loan Grade

The tables below present the recorded investment by loan grade at June 30, 2013 and December 31, 2012 for all commercial loans:

	June 30, 2013
(In thousands)	5 Rated		6 Rated		Impaired		Pass Rated		Recorded Investment
Commercial, financial and agricultural *	$	11,210	$	9,614	$	20,171	$	768,898	$	809,893
Commercial real estate *	20,586		2,373		42,128		1,051,853		1,116,940
Construction real estate:
SEPH commercial land and development *	385		—		9,103		750		10,238
Remaining commercial	5,736		—		18,535		89,453		113,724
Residential real estate:
Commercial	8,312		1,259		35,412		356,565		401,548
Leases	—		—		—		3,262		3,262
Total Commercial Loans	$	46,229	$	13,246	$	125,349	$	2,270,781	$	2,455,605

 * Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

	December 31, 2012
(In thousands)	5 Rated		6 Rated		Impaired		Pass Rated		Recorded Investment
Commercial, financial and agricultural *	$	9,537	$	10,874	$	22,601	$	783,891	$	826,903
Commercial real estate *	25,616		3,960		44,278		1,022,149		1,096,003
Construction real estate:
SEPH commercial land and development *	411		—		13,939		792		15,142
Remaining commercial	6,734		—		21,574		87,496		115,804
Residential real estate:
Commercial	8,994		2,053		35,622		346,493		393,162
Leases	—		—		—		3,157		3,157
Total Commercial Loans	$	51,292	$	16,887	$	138,014	$	2,243,978	$	2,450,171

TDR Number Of Contracts Modified And Recorded Investment

The following tables detail the number of contracts modified as TDRs during the three-month and six-month periods ended June 30, 2013 and June 30, 2012, as well as the recorded investment of these contracts at June 30, 2013 and June 30, 2012. The recorded investment pre- and post-modification is generally the same due to the fact that Park does not typically provide for forgiveness of principle.

During the second half of 2012, general guidance was issued by the Office of the Comptroller of the Currency ("OCC") clarifying the requirement to identify as a TDR loans whereby the borrower's obligation to PNB had been discharged in bankruptcy and the borrower has not reaffirmed the debt. These TDRs are included in the current year modified totals below, within the residential real estate and consumer segments.

	Three Months Ended June 30, 2013
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	7	$	106	$	156	$	262
Commercial real estate	5	—		1,502		1,502
Construction real estate:
SEPH commercial land and development	—	—		—		—
Remaining commercial	1	180		—		180
Mortgage	—	—		—		—
Installment	—	—		—		—
Residential real estate:
Commercial	8	—		1,007		1,007
Mortgage	21	582		1,032		1,614
HELOC	3	28		—		28
Installment	3	24		35		59
Consumer	103	378		212		590
Total loans	151	$	1,298	$	3,944	$	5,242

	Three Months Ended June 30, 2012
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	11	$	175	$	2,692	$	2,867
Commercial real estate	4	—		1,739		1,739
Construction real estate:
SEPH commercial land and development	—	—		—		—
Remaining commercial	1	—		258		258
Mortgage	—	—		—		—
Installment	—	—		—		—
Residential real estate:
Commercial	2	—		675		675
Mortgage	6	—		1,338		1,338
HELOC	—	—		—		—
Installment	3	—		169		169
Consumer	—	—		—		—
Total loans	27	$	175	$	6,871	$	7,046

Of those loans listed in the tables above which were modified during the three-month period ended June 30, 2013, $3.0 million were on nonaccrual status as of December 31, 2012, but were not classified as TDRs. Of those loans which were modified during the three-month period ended June 30, 2012, $2.2 million were on nonaccrual status as of December 31, 2011, but were not classified as TDRs.

	Six Months Ended June 30, 2013
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	14	$	7	$	489	$	496
Commercial real estate	7	25		1,653		1,678
Construction real estate:
SEPH commercial land and development	—	—		—		—
Remaining commercial	2	217		—		217
Mortgage	—	—		—		—
Installment	2	—		25		25
Residential real estate:
Commercial	14	376		2,582		2,958
Mortgage	33	1,457		1,274		2,731
HELOC	7	91		—		91
Installment	7	70		35		105
Consumer	175	582		272		854
Total loans	261	$	2,825	$	6,330	$	9,155

	Six Months Ended June 30, 2012
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Recorded Investment
Commercial, financial and agricultural	16	$	1,862	$	3,428	$	5,290
Commercial real estate	20	1,836		4,677		6,513
Construction real estate:
SEPH commercial land and development	4	—		862		862
Remaining commercial	10	3,776		6,575		10,351
Mortgage	—	—		—		—
Installment	—	—		—		—
Residential real estate:
Commercial	5	—		814		814
Mortgage	15	222		2,379		2,601
HELOC	—	—		—		—
Installment	3	—		170		170
Consumer	1	—		91		91
Total loans	74	$	7,696	$	18,996	$	26,692

Recorded Investment In Financing Receivable Modified As TDR Within 12 Months

The following table presents the recorded investment in financing receivables which were modified as TDRs within the previous 12 months and for which there was a payment default during the three-month and six-month periods ended June 30, 2013 and June 30, 2012, respectively. For this table, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional allowance for loan loss resulting from the defaults on TDR loans was immaterial.

	Three Months Ended June 30, 2013			Three Months Ended June 30, 2012
(In thousands)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Commercial, financial and agricultural	11	$	726	6	$	6,546
Commercial real estate	2	187		7	1,820
Construction real estate:
SEPH commercial land and development	2	242		3	639
Remaining commercial	2	321		4	3,267
Mortgage	—	—		—	—
Installment	—	—		—	—
Residential real estate:
Commercial	9	2,200		6	1,626
Mortgage	26	2,038		9	830
HELOC	5	83		1	46
Installment	9	141		2	169
Consumer	100	559		—	—
Leases	—	—		—	—
Total loans	166	$	6,497	38	$	14,943

Of the $6.5 million in modified TDRs which defaulted during the three months ended June 30, 2013, $421,000 were accruing loans and $6.1 million were nonaccrual loans. Of the $14.9 million in modified TDRs which defaulted during the three months ended June 30, 2012, $110,000 were accruing loans and $14.8 million were nonaccrual loans.

	Six Months Ended June 30, 2013			Six Months Ended June 30, 2012
(In thousands)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Commercial, financial and agricultural	12	$	736	9	$	6,786
Commercial real estate	2	187		7	1,820
Construction real estate:
SEPH commercial land and development	3	257		3	639
Remaining commercial	2	321		7	4,699
Mortgage	—	—		—	—
Installment	1	12		—	—
Residential real estate:
Commercial	9	2,200		6	1,626
Mortgage	38	2,981		11	1,165
HELOC	6	120		1	46
Installment	10	162		2	169
Consumer	115	632		—	—
Leases	—	—		—	—
Total loans	198	$	7,608	46	$	16,950

Of the $7.6 million in modified TDRs which defaulted during the six months ended June 30, 2013, $1.1 million were accruing loans and $6.5 million were nonaccrual loans. Of the $17.0 million in modified TDRs which defaulted during the six months ended June 30, 2012, $110,000 were accruing loans and $16.9 million were nonaccrual loans.

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Loan Servicing

6 Months Ended

Jun. 30, 2013

Transfers and Servicing of Financial Assets [Abstract]

Loan Servicing

Loan Servicing

Park serviced sold mortgage loans of $1.35 billion at June 30, 2013, compared to $1.31 billion at December 31, 2012 and $1.29 billion at June 30, 2012. At June 30, 2013, $12.3 million of the sold mortgage loans were sold with recourse compared to $20.3 million at June 30, 2012. Management closely monitors the delinquency rates on the mortgage loans sold with recourse. At June 30, 2013, management had established a $265,000 reserve to account for future loan repurchases.

When Park sells mortgage loans with servicing rights retained, servicing rights are initially recorded at fair value. Park selected the “amortization method” as permissible within U.S. GAAP, whereby the servicing rights capitalized are amortized in proportion to and over the period of estimated future servicing income of the underlying loan. At the end of each reporting period, the carrying value of mortgage servicing rights (“MSRs”) is assessed for impairment with a comparison to fair value. MSRs are carried at the lower of their amortized cost or fair value.

 Activity for MSRs and the related valuation allowance follows:

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2013			2012			2013			2012
Mortgage servicing rights:
Carrying amount, net, beginning of period	$	8,121		$	8,975		7,763			9,301
Additions	688			697			1,799			1,259
Amortization	(727		)	(817		)	(1,542		)	(1,705		)
Changes in valuation allowance	178			(46		)	240			(46		)
Carrying amount, net, end of period	$	8,260		$	8,809		$	8,260		$	8,809
Valuation allowance:
Beginning of period	$	2,262		$	1,021		2,324			1,021
Changes in valuation allowance	(178		)	46			(240		)	46
End of period	$	2,084		$	1,067		$	2,084		$	1,067

Servicing fees included in other service income were $0.9 million and $1.8 million for the three and six months ended June 30, 2013 and 2012, respectively.

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Loans (Composition Of Loan Portfolio By Class Of Loan) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended			6 Months Ended
	Jun. 30, 2013		Jun. 30, 2012	Jun. 30, 2013		Jun. 30, 2012	Dec. 31, 2012
Financing Receivable, Recorded Investment [Line Items]
Impaired Financing Receivable, Recorded Investment	$ 126,102		$ 169,690	$ 126,102		$ 169,690	$ 137,339
Loan balance	4,510,716			4,510,716			4,450,322
Accrued interest receivable	14,121			14,121			13,587
Recorded Investment	4,524,837			4,524,837			4,463,909
Impaired Financing Receivable, Average Recorded Investment	127,057		174,963	130,405		177,738
Impaired Financing Receivable, Interest Income, Cash Basis Method	645		817	1,379		1,420
Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Impaired Financing Receivable, Recorded Investment	20,154		41,591	20,154		41,591
Recorded Investment	809,893			809,893			826,903
Impaired Financing Receivable, Average Recorded Investment	21,148		42,056	21,252		41,218
Impaired Financing Receivable, Interest Income, Cash Basis Method	82		205	210		310
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Impaired Financing Receivable, Recorded Investment	9,074		17,272	9,074		17,272
Loan balance	10,217	[1]		10,217	[1]		15,105	[1]
Accrued interest receivable	21	[1]		21	[1]		37	[1]
Recorded Investment	10,238	[1]		10,238	[1]		15,142	[1]
Impaired Financing Receivable, Average Recorded Investment	9,532		18,412	10,854		20,302
Impaired Financing Receivable, Interest Income, Cash Basis Method
Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Impaired Financing Receivable, Recorded Investment	18,535		29,562	18,535		29,562
Loan balance	113,443			113,443			115,473
Accrued interest receivable	281			281			331
Recorded Investment	113,724			113,724			115,804
Impaired Financing Receivable, Average Recorded Investment	19,390		31,428	20,103		28,899
Impaired Financing Receivable, Interest Income, Cash Basis Method	192		199	412		450
Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan balance	24,570			24,570			26,373
Accrued interest receivable	75			75			81
Recorded Investment	24,645			24,645			26,454
Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan balance	7,638			7,638			8,577
Accrued interest receivable	28			28			33
Recorded Investment	7,666			7,666			8,610
Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Impaired Financing Receivable, Recorded Investment	35,412		37,277	35,412		37,277
Loan balance	400,540			400,540			392,203
Accrued interest receivable	1,008			1,008			959
Recorded Investment	401,548			401,548			393,162
Impaired Financing Receivable, Average Recorded Investment	36,141		40,359	35,897		41,541
Impaired Financing Receivable, Interest Income, Cash Basis Method	112		125	242		165
Residential Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan balance	1,091,874			1,091,874			1,064,787
Accrued interest receivable	2,028			2,028			1,399
Recorded Investment	1,093,902			1,093,902			1,066,186
Residential Real Estate - HELOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan balance	209,902			209,902			212,905
Accrued interest receivable	841			841			892
Recorded Investment	210,743			210,743			213,797
Residential Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan balance	38,446			38,446			43,750
Accrued interest receivable	144			144			176
Recorded Investment	38,590			38,590			43,926
Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan balance	806,709	[1]		806,709	[1]		823,927	[1]
Accrued interest receivable	3,184	[1]		3,184	[1]		2,976	[1]
Recorded Investment	809,893	[1]		809,893	[1]		826,903	[1]
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Impaired Financing Receivable, Recorded Investment	42,128		43,969	42,128		43,969
Loan balance	1,113,251	[1]		1,113,251	[1]		1,092,164	[1]
Accrued interest receivable	3,689	[1]		3,689	[1]		3,839	[1]
Recorded Investment	1,116,940	[1]		1,116,940	[1]		1,096,003	[1]
Impaired Financing Receivable, Average Recorded Investment	40,047		42,689	41,840		45,758
Impaired Financing Receivable, Interest Income, Cash Basis Method	259		287	515		494
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Impaired Financing Receivable, Recorded Investment	799		19	799		19
Loan balance	690,892			690,892			651,930
Accrued interest receivable	2,794			2,794			2,835
Recorded Investment	693,686			693,686			654,765
Impaired Financing Receivable, Average Recorded Investment	799		19	459		20
Impaired Financing Receivable, Interest Income, Cash Basis Method			1			1
Leases [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan balance	3,234			3,234			3,128
Accrued interest receivable	28			28			29
Recorded Investment	$ 3,262			$ 3,262			$ 3,157

[1] Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

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Allowance For Loan Losses (Composition Of The Allowance For Loan Losses) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013		Dec. 31, 2012
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses individually evaluated for impairment	$ 7,466		$ 8,276
Allowance for loan losses collectively evaluated for impairment	47,645		47,261
Total ending allowance balance	55,111		55,537
Loans individually evaluated for impairment	126,080		137,238
Loans collectively evaluated for impairment	4,384,636		4,313,084
Total ending loan balance, net of accrued interest receivable	4,510,716		4,450,322
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment	5.92%		6.03%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment	1.09%		1.10%
Total ending allowance for loan losses balance as a percentage of loan balance	1.22%		1.25%
Recorded investment	126,102		137,339
Recorded investment collectively evaluated for impairment	4,398,735		4,326,570
Recorded Investment	4,524,837		4,463,909
Commercial, Financial And Agricultural [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses individually evaluated for impairment	3,210		3,180
Allowance for loan losses collectively evaluated for impairment	12,181		12,455
Total ending allowance balance	15,391		15,635
Loans individually evaluated for impairment	20,154		22,523
Loans collectively evaluated for impairment	786,555		801,404
Total ending loan balance, net of accrued interest receivable	806,709	[1]	823,927	[1]
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment	15.93%		14.12%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment	1.55%		1.55%
Total ending allowance for loan losses balance as a percentage of loan balance	1.91%		1.90%
Recorded investment	20,154		22,587
Recorded investment collectively evaluated for impairment	789,739		804,316
Recorded Investment	809,893	[1]	826,903	[1]
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses individually evaluated for impairment	703		1,540
Allowance for loan losses collectively evaluated for impairment	10,322		10,196
Total ending allowance balance	11,025		11,736
Loans individually evaluated for impairment	42,117		44,267
Loans collectively evaluated for impairment	1,071,134		1,047,897
Total ending loan balance, net of accrued interest receivable	1,113,251	[1]	1,092,164	[1]
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment	1.67%		3.48%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment	0.96%		0.97%
Total ending allowance for loan losses balance as a percentage of loan balance	0.99%		1.07%
Recorded investment	42,128		44,278
Recorded investment collectively evaluated for impairment	1,074,812		1,051,725
Recorded Investment	1,116,940	[1]	1,096,003	[1]
Construction Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses individually evaluated for impairment	2,580		2,277
Allowance for loan losses collectively evaluated for impairment	4,552		4,564
Total ending allowance balance	7,132		6,841
Loans individually evaluated for impairment	27,598		34,814
Loans collectively evaluated for impairment	128,270		130,714
Total ending loan balance, net of accrued interest receivable	155,868		165,528
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment	9.35%		6.54%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment	3.55%		3.49%
Total ending allowance for loan losses balance as a percentage of loan balance	4.58%		4.13%
Recorded investment	27,609		34,834
Recorded investment collectively evaluated for impairment	128,664		131,176
Recorded Investment	156,273		166,010
Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses individually evaluated for impairment	973		1,279
Allowance for loan losses collectively evaluated for impairment	13,674		13,480
Total ending allowance balance	14,647		14,759
Loans individually evaluated for impairment	35,412		35,616
Loans collectively evaluated for impairment	1,705,350		1,678,029
Total ending loan balance, net of accrued interest receivable	1,740,762		1,713,645
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment	2.75%		3.59%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment	0.80%		0.80%
Total ending allowance for loan losses balance as a percentage of loan balance	0.84%		0.86%
Recorded investment	35,412		35,622
Recorded investment collectively evaluated for impairment	1,709,371		1,681,449
Recorded Investment	1,744,783		1,717,071
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses individually evaluated for impairment	0		0
Allowance for loan losses collectively evaluated for impairment	6,916		6,566
Total ending allowance balance	6,916		6,566
Loans individually evaluated for impairment	799		18
Loans collectively evaluated for impairment	690,093		651,912
Total ending loan balance, net of accrued interest receivable	690,892		651,930
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment	0.00%		0.00%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment	1.00%		1.01%
Total ending allowance for loan losses balance as a percentage of loan balance	1.00%		1.01%
Recorded investment	799		18
Recorded investment collectively evaluated for impairment	692,887		654,747
Recorded Investment	693,686		654,765
Leases [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses individually evaluated for impairment	0		0
Allowance for loan losses collectively evaluated for impairment	0		0
Total ending allowance balance	0		0
Loans individually evaluated for impairment	0		0
Loans collectively evaluated for impairment	3,234		3,128
Total ending loan balance, net of accrued interest receivable	3,234		3,128
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment	0.00%		0.00%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment	0.00%		0.00%
Total ending allowance for loan losses balance as a percentage of loan balance	0.00%		0.00%
Recorded investment	0		0
Recorded investment collectively evaluated for impairment	3,262		3,157
Recorded Investment	$ 3,262		$ 3,157

[1] Included within commercial, financial and agricultural loans, commercial real estate loans, and SEPH commercial land and development loans is an immaterial amount of consumer loans that are not broken out by class.

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Derivative Instruments (Details) (USD $)	Jun. 30, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Mortgage loan interest rate lock commitments outstanding	$ 12,300,000
Fair value of the derivative instruments	133,000
Fair value of the swap liability	$ 135,000

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Sale Of Vision Bank Business (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended			6 Months Ended	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Feb. 16, 2012	Jun. 30, 2013 Vision Bank [Member] Obligation to Repurchase Receivables Sold [Member]	Dec. 31, 2012 Vision Bank [Member] Obligation to Repurchase Receivables Sold [Member]	Feb. 16, 2012 Vision Bank [Member] Obligation to Repurchase Receivables Sold [Member]	Feb. 19, 2012 Non Performing Retained By Sellc [Member]	Feb. 19, 2012 Performing Retained By Sellc [Member]
Financing Receivable, Recorded Investment [Line Items]
Purchase price					$ 27,900,000
Loans left with Vision subsequent to transactions									88,000,000	22,000,000
Gain on sale of the Vision business	0		0	22,167,000
Maximum amount allowed to put back								7,500,000
Put expiration period						180 days
Purchase price of loans							7,500,000
Amount of loans put back during the period							4,200,000
Amount of other expense recognized due to provision for put backs							$ 3,300,000

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Pension Plan (Tables)

6 Months Ended

Jun. 30, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Components Of Net Periodic Benefit Expense

The following table shows the components of net periodic benefit expense:

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2013			2012			2013			2012
Service cost	$	1,204		$	1,068		$	2,408		$	2,136
Interest cost	1,056			1,012			2,112			2,024
Expected return on plan assets	(2,384		)	(2,186		)	(4,768		)	(4,372		)
Amortization of prior service cost	5			5			10			10
Recognized net actuarial loss	676			427			1,352			854
Benefit expense	$	557		$	326		$	1,114		$	652

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Loan Servicing (Tables)

6 Months Ended

Jun. 30, 2013

Transfers and Servicing of Financial Assets [Abstract]

Activity For MSRs And Related Valuation Allowance

Activity for MSRs and the related valuation allowance follows:

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2013			2012			2013			2012
Mortgage servicing rights:
Carrying amount, net, beginning of period	$	8,121		$	8,975		7,763			9,301
Additions	688			697			1,799			1,259
Amortization	(727		)	(817		)	(1,542		)	(1,705		)
Changes in valuation allowance	178			(46		)	240			(46		)
Carrying amount, net, end of period	$	8,260		$	8,809		$	8,260		$	8,809
Valuation allowance:
Beginning of period	$	2,262		$	1,021		2,324			1,021
Changes in valuation allowance	(178		)	46			(240		)	46
End of period	$	2,084		$	1,067		$	2,084		$	1,067

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Goodwill And Intangible Assets

6 Months Ended

Jun. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Intangible Assets

Goodwill and Intangible Assets

The following table shows the activity in goodwill and core deposit intangibles for the first six months of 2013.

(in thousands)	Goodwill		Core Deposit Intangibles		Total
December 31, 2012	$	72,334	$	337	$	72,671
Amortization	—		225		225
June 30, 2013	$	72,334	$	112	$	72,446

The core deposit intangibles are being amortized to expense principally on the straight-line method, over a period of six years. Management expects that the core deposit intangibles amortization expense will be approximately $112,000 for the third quarter of 2013. Following the third quarter of 2013, there will be no remaining intangible asset subject to amortization.

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Investment Securities (Amortized Cost And Estimated Fair Value Of Investments In Debt Securities By Contractual Maturity) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Schedule of Investments [Line Items]
Securities Available-for-Sale, Total Fair value	$ 1,047,375	$ 1,114,454
Securities Held-to-Maturity, Amortized Cost	231,787	401,390
Securities held-to-maturity, fair value	238,519	410,705
Obligations Of States And Political Subdivisions [Member]
Schedule of Investments [Line Items]
Securities Available-for-Sale, Due within one year, Amortized cost	804
Securities Available-for-Sale, Due within one year, Fair value	809
Securities Available-for-Sale, Total Fair value	809	1,003
Securities Held-to-Maturity, Due within one year, Amortized cost	415
Securities Held-to-Maturity, Due within one year, Fair value	416
Securities Held-to-Maturity, Amortized Cost	415	570
Securities held-to-maturity, fair value	416	572
Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member]
Schedule of Investments [Line Items]
Securities Available-for-Sale, Due one through five years, Amortized cost	223,750
Securities Available-for-Sale, Due one through five years, Fair value	216,659
Securities Available-for-Sale, Due five through ten years, Amortized cost	396,890
Securities Available-for-Sale, Due five through ten years, Fair value	378,073
Securities Available-for-Sale, Total, Amortized cost	620,640
Securities Available-for-Sale, Total Fair value	594,732	695,727
U.S. Government Sponsored Entities Asset-Backed Securities [Member]
Schedule of Investments [Line Items]
Securities Available-for-Sale, Total, Amortized cost	445,254
Securities Available-for-Sale, Total Fair value	449,282	415,502
Securities Held-to-Maturity, Amortized Cost	231,372	400,820
Securities held-to-maturity, fair value	$ 238,103	$ 410,133

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Allowance For Loan Losses (Tables)

6 Months Ended

Jun. 30, 2013

Loans and Leases Receivable, Allowance [Abstract]

Activity In The Allowance For Loan Losses

The activity in the allowance for loan losses for the three and six months ended June 30, 2013 and June 30, 2012 is summarized below.

	Three Months Ended June 30, 2013
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate			Residential real estate			Consumer		Leases			Total
Allowance for loan losses:
Beginning balance	$	15,417	$	11,070	$	7,556		$	14,634		$	6,638	$	—		$	55,315
Charge-offs	776		742		153			648			1,520		—			3,839
Recoveries	728		222		421			1,142			448		1			2,962
Net charge-offs/(recoveries)	48		520		(268		)	(494		)	1,072		(1		)	877
Provision (releases)	22		475		(692		)	(481		)	1,350		(1		)	673
Ending balance	$	15,391	$	11,025	$	7,132		$	14,647		$	6,916	$	—		$	55,111

	Three Months Ended June 30, 2012
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate			Residential real estate		Consumer		Leases		Total
Allowance for loan losses:
Beginning balance	$	18,328	$	12,006	$	9,747		$	13,868	$	5,809	$	—	$	59,758
Charge-offs	5,423		935		1,009			1,701		996		—		10,064
Recoveries	124		247		1,699			1,187		507		—		3,764
Net charge-offs / (recoveries)	5,299		688		(690		)	514		489		—		6,300
Provision	2,191		638		1,256			452		701		—		5,238
Ending balance	$	15,220	$	11,956	$	11,693		$	13,806	$	6,021	$	—	$	58,696

	Six Months Ended June 30, 2013
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate			Residential real estate			Consumer		Leases			Total
Allowance for loan losses:
Beginning balance	$	15,635	$	11,736	$	6,841		$	14,759		$	6,566	$	—		$	55,537
Charge-offs	3,484		1,076		1,671			1,322			2,794		—			10,347
Recoveries	917		262		1,848			4,640			1,251		1			8,919
Net charge-offs/(recoveries)	2,567		814		(177		)	(3,318		)	1,543		(1		)	1,428
Provision (releases)	2,323		103		114			(3,430		)	1,893		(1		)	1,002
Ending balance	$	15,391	$	11,025	$	7,132		$	14,647		$	6,916	$	—		$	55,111

	Six Months Ended June 30, 2012
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
Allowance for loan losses:
Beginning balance	$	16,950	$	15,539	$	14,433	$	15,692	$	5,830	$	—	$	68,444
Charge-offs	9,961		5,869		5,329		5,623		2,249		—		29,031
Recoveries	592		339		1,766		1,796		1,214		—		5,707
Net charge-offs	9,369		5,530		3,563		3,827		1,035		—		23,324
Provision	7,639		1,947		823		1,941		1,226		—		13,576
Ending balance	$	15,220	$	11,956	$	11,693	$	13,806	$	6,021	$	—	$	58,696

Composition Of The Allowance For Loan Losses

The composition of the allowance for loan losses at June 30, 2013 and December 31, 2012 was as follows:

	June 30, 2013
(In thousands)	Commercial, financial and agricultural			Commercial real estate			Construction real estate			Residential real estate			Consumer			Leases		Total
Allowance for loan losses:
Ending allowance balance attributed to loans:
Individually evaluated for impairment	$	3,210		$	703		$	2,580		$	973		$	—		$	—	$	7,466
Collectively evaluated for impairment	12,181			10,322			4,552			13,674			6,916			—		47,645
Total ending allowance balance	$	15,391		$	11,025		$	7,132		$	14,647		$	6,916		$	—	$	55,111
Loan balance:
Loans individually evaluated for impairment	$	20,154		$	42,117		$	27,598		$	35,412		$	799		$	—	$	126,080
Loans collectively evaluated for impairment	786,555			1,071,134			128,270			1,705,350			690,093			3,234		4,384,636
Total ending loan balance	$	806,709		$	1,113,251		$	155,868		$	1,740,762		$	690,892		$	3,234	$	4,510,716
Allowance for loan losses as a percentage of loan balance:
Loans individually evaluated for impairment	15.93		%	1.67		%	9.35		%	2.75		%	—			—		5.92		%
Loans collectively evaluated for impairment	1.55		%	0.96		%	3.55		%	0.80		%	1.00		%	—		1.09		%
Total ending loan balance	1.91		%	0.99		%	4.58		%	0.84		%	1.00		%	—		1.22		%
Recorded investment:
Loans individually evaluated for impairment	$	20,154		$	42,128		$	27,609		$	35,412		$	799		$	—	$	126,102
Loans collectively evaluated for impairment	789,739			1,074,812			128,664			1,709,371			692,887			3,262		4,398,735
Total ending loan balance	$	809,893		$	1,116,940		$	156,273		$	1,744,783		$	693,686		$	3,262	$	4,524,837

	December 31, 2012
(In thousands)	Commercial, financial and agricultural			Commercial real estate			Construction real estate			Residential real estate			Consumer			Leases		Total
Allowance for loan losses:
Ending allowance balance attributed to loans:
Individually evaluated for impairment	$	3,180		$	1,540		$	2,277		$	1,279		$	—		$	—	$	8,276
Collectively evaluated for impairment	12,455			10,196			4,564			13,480			6,566			—		47,261
Total ending allowance balance	$	15,635		$	11,736		$	6,841		$	14,759		$	6,566		$	—	$	55,537
Loan balance:
Loans individually evaluated for impairment	$	22,523		$	44,267		$	34,814		$	35,616		$	18		$	—	$	137,238
Loans collectively evaluated for impairment	801,404			1,047,897			130,714			1,678,029			651,912			3,128		4,313,084
Total ending loan balance	$	823,927		$	1,092,164		$	165,528		$	1,713,645		$	651,930		$	3,128	$	4,450,322
Allowance for loan losses as a percentage of loan balance:
Loans individually evaluated for impairment	14.12		%	3.48		%	6.54		%	3.59		%	—			—		6.03		%
Loans collectively evaluated for impairment	1.55		%	0.97		%	3.49		%	0.80		%	1.01		%	—		1.10		%
Total ending loan balance	1.90		%	1.07		%	4.13		%	0.86		%	1.01		%	—		1.25		%
Recorded investment:
Loans individually evaluated for impairment	$	22,587		$	44,278		$	34,834		$	35,622		$	18		$	—	$	137,339
Loans collectively evaluated for impairment	804,316			1,051,725			131,176			1,681,449			654,747			3,157		4,326,570
Total ending loan balance	$	826,903		$	1,096,003		$	166,010		$	1,717,071		$	654,765		$	3,157	$	4,463,909

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Goodwill And Intangible Assets (Schedule Of Activity In Goodwill And Core Deposit Intangibles) (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Goodwill, Beginning Balance			$ 72,334,000
Goodwill, Ending Balance	72,334,000		72,334,000
Amortization of intangibles	113,000	140,000	225,000	1,894,000
Total Goodwill and Core Deposit Intangibles, Beginning Balance			72,671,000
Total Goodwill and Core Deposit Intangibles, Ending Balance	72,446,000		72,446,000
Core deposit intangibles, useful life			6 years
Core Deposits [Member]
Core Deposit Intangibles, Beginning Balance			337,000
Amortization of intangibles			225,000
Core Deposit Intangibles, Ending Balance	112,000		112,000
Expected amortization expense per quarter for next two quarters of fiscal year			$ 112,000

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Earnings Per Common Share

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Common Share

Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the three and six months ended June 30, 2013 and 2012.

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except share and per share data)	2013		2012		2013		2012
Numerator:
Income available to common shareholders	$	20,034	$	16,938	$	40,744	$	46,936
Denominator:
Denominator for basic earnings per share (weighted average common shares outstanding)	15,411,981		15,405,902		15,411,986		15,405,906
Effect of dilutive options and warrants	—		—		—		3,784
Denominator for diluted earnings per share (weighted average common shares outstanding adjusted for the effect of dilutive options and warrants)	15,411,981		15,405,902		15,411,986		15,409,690
Earnings per common share:
Basic earnings per common share	$	1.30	$	1.10	$	2.64	$	3.05
Diluted earnings per common share	$	1.30	$	1.10	$	2.64	$	3.05

As of June 30, 2012, options to purchase 65,975 common shares were outstanding under Park’s 2005 Incentive Stock Option Plan. All options had expired as of June 30, 2013. There were no common shares outstanding at June 30, 2012 related to Park’s participation in the U.S. Treasury Capital Purchase Program (“CPP”). Park repurchased the CPP warrant on May 2, 2012.

Options to purchase a weighted average of 70,047 common shares were not included in the computation of diluted earnings per common share for the six months ended June 30, 2012, because the exercise price exceeded the market value of the underlying common shares such that their inclusion would have had an anti-dilutive effect. The warrant to purchase 227,376 common shares issued under the CPP was included in the computation of diluted earnings per common share for the six months ended June 30, 2012, as the dilutive effect of this warrant was 3,784 common shares for this period. The exercise price of the CPP warrant to purchase 227,376 common shares was $65.97. There were no dilutive options or warrants included in the calculation of diluted earnings per share for the three and six months ended June 30, 2013.

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Participation In The U.S. Treasury Capital Purchase Program (CPP) (Details) (USD $)	6 Months Ended		4 Months Ended	12 Months Ended
	Jun. 30, 2012	Dec. 23, 2008	May 02, 2012 U.S. Treasury Capital Purchase Program [Member]	Dec. 31, 2012 Series A Preferred Stock [Member]	Dec. 23, 2008 Series A Preferred Stock [Member]
Participation In The U.S. Treasury Capital Repurchase Program [Line Items]
Cumulative perpetual preferred stock issued, value					$ 100,000,000
Liquidation preference per senior preferred shares		$ 1,000
Term of warrants			10 years
Stock Repurchased During Period, Shares				100,000
Stock Repurchased During Period, Value	(100,000,000)			100,000,000
Payments for Repurchase of Preferred Stock and Preference Stock				101,000,000
Dividends, Preferred Stock, Cash				972,000
Charge to retained earnings from preferred stock repurchase				1,600,000
Number of Warrants Repurchased			227,376
Payments for Repurchase of Warrants			$ 2,800,000
Repurchase Price per Share			$ 12.50

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Sale Of Vision Bank Business

6 Months Ended

Jun. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

Sale of Vision Bank Business

On February 16, 2012, Park and its wholly-owned subsidiary, Vision Bank (“Vision”), a Florida state-chartered bank, completed their sale of substantially all of the performing loans, operating assets and liabilities associated with Vision to Centennial Bank (“Centennial”), an Arkansas state-chartered bank which is a wholly-owned subsidiary of Home BancShares, Inc. (“Home”), an Arkansas corporation, as contemplated by the previously announced Purchase and Assumption Agreement by and between Park, Vision, Home and Centennial, dated as of November 16, 2011, as amended by the First Amendment to Purchase and Assumption Agreement, dated as of January 25, 2012, and the Second Amendment to Purchase and Assumption Agreement, dated as of April 30, 2012 (collectively, the “Vision Agreement”) for a purchase price of $27.9 million.

Subsequent to the transactions contemplated by the Vision Agreement, Vision was left with approximately $22 million of performing loans (including mortgage loans held for sale) and non-performing loans with a fair value of $88 million. Park recorded a pre-tax gain, net of expenses directly related to the sale, of approximately $22.2 million, resulting from the transactions contemplated by the Vision Agreement. The pre-tax gain, net of expense is summarized in the table below:

(in thousands)
Premium paid	$	27,913
One-time gains	298
Loss on sale of fixed assets	(2,434		)
Employment and severance agreements	(1,610		)
Other one-time charges, including estimates	(2,000		)
Pre-tax gain	$	22,167

Promptly following the closing of the transactions contemplated by the Vision Agreement, Vision surrendered its Florida banking charter to the Florida Office of Financial Regulation and became a non-bank Florida corporation (the “Florida Corporation”). The Florida Corporation merged with and into a wholly-owned, non-bank subsidiary of Park, SE Property Holdings, LLC (“SEPH”), with SEPH being the surviving entity.

As part of the transaction between Vision and Centennial, Park agreed to allow Centennial to “put back” up to $7.5 million aggregate principal amount of loans, which were originally included within the loans sold in the transaction. The loan put option expired on August 16, 2012, 180 days after the closing of the transaction, which was February 16, 2012. Prior to August 16, 2012, Centennial notified Park of its intent to put back approximately $7.5 million aggregate principal amount of loans. During 2012, Centennial put back forty-four loans, totaling approximately $7.5 million. These forty-four loans were recorded on the books at a fair value of $4.2 million. The difference of $3.3 million was written off against the loan put liability that had previously been established in the first half of 2012.

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Consolidated Condensed Statements Of Changes In Stockholders' Equity (USD $) In Thousands, unless otherwise specified	Total	Preferred Stock [Member]	Common Stock [Member]	Retained Earnings [Member]	Treasury Stock At Cost [Member]	Accumulated Other Comprehensive Income (loss) [Member]
Balance at Dec. 31, 2011		$ 98,146	$ 305,499	$ 424,557	$ (77,007)	$ (8,831)
Net Income	50,361			50,361
Other comprehensive income, net of tax:
Change in funded status of pension plan, net of income taxes	(412)					412
Unrealized net holding gain on cash flow hedge, net of income taxes	259					259
Unrealized net holding loss on securities available-for-sale, net of income taxes	604					604
Cash dividends on common stock at $1.88 per share				(28,962)
Cash payment for fractional shares in dividend reinvestment plan			(1)
Common stock warrant repurchased	(2,843)
Preferred stock repurchased	100,000
Accretion of discount on preferred stock		1,854		(1,854)
Preferred stock dividends				(1,571)
Balance at Jun. 30, 2012		0	302,655	442,531	(77,007)	(7,556)
Balance at Dec. 31, 2012	650,366	0	302,654	441,605	(76,375)	(17,518)
Net Income	40,744			40,744
Other comprehensive income, net of tax:
Change in funded status of pension plan, net of income taxes
Unrealized net holding gain on cash flow hedge, net of income taxes
Unrealized net holding loss on securities available-for-sale, net of income taxes	(22,916)					(22,916)
Cash dividends on common stock at $1.88 per share				(28,974)
Cash payment for fractional shares in dividend reinvestment plan			(1)
Common stock warrant repurchased	0
Balance at Jun. 30, 2013	$ 639,219	$ 0	$ 302,653	$ 453,375	$ (76,375)	$ (40,434)

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Loans (Recorded Investment In Financing Receivable Modified As TDR Within 12 Months) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013 contracts	Jun. 30, 2012 contracts	Jun. 30, 2013 contracts	Jun. 30, 2012 contracts
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	151	27	261	74
Number of Contracts	166	38	198	46
Recorded Investment	$ 6,497	$ 14,943	$ 7,608	$ 16,950
Financing Receivable, Modifications, Recorded Investment, During Period	5,242	7,046	9,155	26,692
Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	0	0	2	0
Financing Receivable, Modifications, Recorded Investment, During Period			25
Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	7	11	14	16
Number of Contracts	11	6	12	9
Recorded Investment	726	6,546	736	6,786
Financing Receivable, Modifications, Recorded Investment, During Period	262	2,867	496	5,290
SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	0	0	0	4
Number of Contracts	2	3	3	3
Recorded Investment	242	639	257	639
Financing Receivable, Modifications, Recorded Investment, During Period				862
Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	1	1	2	10
Number of Contracts	2	4	2	7
Recorded Investment	321	3,267	321	4,699
Financing Receivable, Modifications, Recorded Investment, During Period	180	258	217	10,351
Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	8	2	14	5
Number of Contracts	9	6	9	6
Recorded Investment	2,200	1,626	2,200	1,626
Financing Receivable, Modifications, Recorded Investment, During Period	1,007	675	2,958	814
Residential Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	21	6	33	15
Number of Contracts	26	9	38	11
Recorded Investment	2,038	830	2,981	1,165
Financing Receivable, Modifications, Recorded Investment, During Period	1,614	1,338	2,731	2,601
Residential Real Estate - HELOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	3	0	7	0
Number of Contracts	5	1	6	1
Recorded Investment	83	46	120	46
Financing Receivable, Modifications, Recorded Investment, During Period	28	0	91	0
Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	0	0	0	0
Financing Receivable, Modifications, Recorded Investment, During Period
Residential Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	59	169	105	170
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	103	0	175	1
Financing Receivable, Modifications, Recorded Investment, During Period	590		854	91
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	5	4	7	20
Number of Contracts	2	7	2	7
Recorded Investment	187	1,820	187	1,820
Financing Receivable, Modifications, Recorded Investment, During Period	1,502	1,739	1,678	6,513
Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of Contracts	0	0	0	0
Recorded Investment	0	0	0	0
Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of Contracts	0	0	1	0
Recorded Investment	0	0	12	0
Residential Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Number of Contracts, During Period	3	3	7	3
Number of Contracts	9	2	10	2
Recorded Investment	141	169	162	169
Consumer Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of Contracts	100	0	115	0
Recorded Investment	559	0	632	0
Finance Leases Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of Contracts	0	0
Recorded Investment	0	0
Accruing Financing Receivable Modifications [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	1,298	175	2,825	7,696
Accruing Financing Receivable Modifications [Member] | Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	0	0	0	0
Accruing Financing Receivable Modifications [Member] | Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	106	175	7	1,862
Accruing Financing Receivable Modifications [Member] | SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period
Accruing Financing Receivable Modifications [Member] | Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	180		217	3,776
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period			376
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	582	0	1,457	222
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - HELOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	28	0	91	0
Accruing Financing Receivable Modifications [Member] | Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	0	0	0	0
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	24		70
Accruing Financing Receivable Modifications [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	378		582
Accruing Financing Receivable Modifications [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period			25	1,836
Nonaccruing Financing Receivable Modifications [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	3,944	6,871	6,330	18,996
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period			25
Nonaccruing Financing Receivable Modifications [Member] | Commercial, Financial And Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	156	2,692	489	3,428
Nonaccruing Financing Receivable Modifications [Member] | SEPH Commercial Land and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period				862
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period		258		6,575
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	1,007	675	2,582	814
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	1,032	1,338	1,274	2,379
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - HELOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	0	0	0	0
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	35	169	35	170
Nonaccruing Financing Receivable Modifications [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	212		272	91
Nonaccruing Financing Receivable Modifications [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	$ 1,502	$ 1,739	$ 1,653	$ 4,677

XML

Loans (Loans Individually Evaluated For Impairment By Class Of Loans) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2012
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	$ 214,871	$ 242,345
Recorded investment	126,102	137,339	169,690
Allowance for loan losses allocated	7,466	8,276
Commercial, Financial And Agricultural [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	20,154		41,591
Commercial, Financial And Agricultural [Member] | Financing Receivable With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	20,857	23,782
Recorded investment	12,175	14,683
Allowance for loan losses allocated
Commercial, Financial And Agricultural [Member] | Financing Receivable With A Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	12,672	12,268
Recorded investment	7,979	7,904
Allowance for loan losses allocated	3,210	3,180
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	9,074		17,272
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member] | Financing Receivable With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	47,400	56,075
Recorded investment	9,074	12,740
Allowance for loan losses allocated
Construction Real Estate - Vision/SEPH Commercial Land And Development [Member] | Financing Receivable With A Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance		1,271
Recorded investment		520
Allowance for loan losses allocated
Construction Real Estate - Remaining Commercial [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	18,535		29,562
Construction Real Estate - Remaining Commercial [Member] | Financing Receivable With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	21,621	29,328
Recorded investment	9,356	14,093
Allowance for loan losses allocated
Construction Real Estate - Remaining Commercial [Member] | Financing Receivable With A Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	10,824	8,071
Recorded investment	9,179	7,481
Allowance for loan losses allocated	2,580	2,277
Residential Real Estate - Commercial [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	35,412		37,277
Residential Real Estate - Commercial [Member] | Financing Receivable With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	30,014	39,918
Recorded investment	31,455	31,957
Allowance for loan losses allocated
Residential Real Estate - Commercial [Member] | Financing Receivable With A Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	4,979	3,944
Recorded investment	3,957	3,665
Allowance for loan losses allocated	973	1,279
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	42,128		43,969
Commercial Real Estate [Member] | Financing Receivable With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	62,272	56,258
Recorded investment	39,013	35,097
Allowance for loan losses allocated
Commercial Real Estate [Member] | Financing Receivable With A Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	3,433	11,412
Recorded investment	3,115	9,181
Allowance for loan losses allocated	703	1,540
Consumer [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment	799		19
Consumer [Member] | Financing Receivable With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	799	18
Recorded investment	799	18
Allowance for loan losses allocated
Consumer [Member] | Financing Receivable With A Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance
Recorded investment
Allowance for loan losses allocated

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Investment Securities (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Investments, Debt and Equity Securities [Abstract]

Schedule Of Investment Securities

Investment securities at June 30, 2013, were as follows:

Securities Available-for-Sale (In thousands)	Amortized Cost		Gross Unrealized Holding  Gains		Gross Unrealized Holding  Losses		Estimated  Fair Value
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	620,640	$	—	$	25,908	$	594,732
Obligations of states and political subdivisions	804		5		—		809
U.S. Government sponsored entities' asset-backed securities	445,254		8,134		4,106		449,282
Other equity securities	1,137		1,415		—		2,552
Total	$	1,067,835	$	9,554	$	30,014	$	1,047,375

Securities Held-to-Maturity (In thousands)	Amortized Cost		Gross Unrecognized Holding  Gains		Gross Unrecognized Holding  Losses		Estimated Fair Value
Obligations of states and political subdivisions	$	415	$	1	$	—	$	416
U.S. Government sponsored entities' asset-backed securities	231,372		6,762		31		238,103
Total	$	231,787	$	6,763	$	31	$	238,519

Investment securities at December 31, 2012, were as follows:

Securities Available-for-Sale (In thousands)	Amortized  cost		Gross unrealized holding gains		Gross unrealized holding losses		Estimated fair value
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	695,655	$	1,352	$	1,280	$	695,727
Obligations of states and political subdivisions	984		19		—		1,003
U.S. Government sponsored entities' asset-backed securities	401,882		14,067		447		415,502
Other equity securities	1,137		1,085		—		2,222
Total	$	1,099,658	$	16,523	$	1,727	$	1,114,454

Securities Held-to-Maturity (In thousands)	Amortized  cost		Gross unrecognized holding gains		Gross unrecognized holding losses		Estimated fair value
Obligations of states and political subdivisions	$	570	$	2	$	—	$	572
U.S. Government sponsored entities' asset-backed securities	400,820		9,351		38		410,133
Total	$	401,390	$	9,353	$	38	$	410,705

Schedule Of Unrealized Loss On Securities

Securities with unrealized losses at June 30, 2013, were as follows:

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Securities Available-for-Sale
Obligations of U.S. Treasury and other U.S. Government agencies	$	594,732	$	25,908	$	—	$	—	$	594,732	$	25,908
U.S. Government agencies' asset-backed securities	$	221,146	$	4,106	$	—	$	—	$	221,146	$	4,106
Total	$	815,878	$	30,014	$	—	$	—	$	815,878	$	30,014
Securities Held-to-Maturity
U.S. Government sponsored entities' asset-backed securities	$	4,080	$	31	$	—	$	—	$	4,080	$	31

Securities with unrealized losses at December 31, 2012, were as follows:

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Securities Available-for-Sale
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	177,470	$	1,280	$	—	$	—	$	177,470	$	1,280
U.S. Government sponsored entities' asset-backed securities	123,631		447		—		—		123,631		447
Total	$	301,101	$	1,727	$	—	$	—	$	301,101	$	1,727
Securities Held-to-Maturity
U.S. Government sponsored entities' asset-backed securities	$	10,120	$	38	$	—	$	—	$	10,120	$	38

Amortized Cost And Estimated Fair Value Of Investments In Debt Securities By Contractual Maturity

The amortized cost and estimated fair value of investments in debt securities at June 30, 2013, are shown in the following table by contractual maturity or the expected call date, except for asset-backed securities, which are shown as a single total, due to the unpredictability of the timing of principal repayments.

Securities Available-for-Sale (In thousands)	Amortized cost		Fair value
U.S. Treasury and sponsored entities' obligations:
Due one through five years	$	223,750	216,659
Due five through ten years	396,890		378,073
Total	$	620,640	$	594,732
Obligations of states and political subdivisions:
Due within one year	$	804	$	809
U.S. Government sponsored entities' asset-backed securities:	$	445,254	$	449,282

Securities Held-to-Maturity (In thousands)	Amortized cost		Fair value
Obligations of state and political subdivisions:
Due within one year	$	415	$	416
U.S. Government sponsored entities' asset-backed securities	$	231,372	$	238,103

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Loan Servicing (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012
Transfers and Servicing of Financial Assets [Abstract]
Serviced sold mortgage loans	$ 1,350,000,000	$ 1,290,000,000	$ 1,350,000,000	$ 1,290,000,000	$ 1,310,000,000
Serviced sold mortgage loans with recourse	12,300,000	20,300,000	12,300,000	20,300,000
Mortgage Loans Sold with Recourse, Reserve	265,000		265,000
Servicing fees included in other service income	$ 900,000	$ 900,000	$ 1,800,000	$ 1,800,000

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Investment Securities (Narrative) (Details) (USD $)	6 Months Ended					3 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013 U.S. Treasury And Sponsored Entities Callable Notes [Member]	Jun. 30, 2013 U.S. Treasury And Sponsored Entities Callable Notes [Member] Minimum [Member]	Jun. 30, 2013 U.S. Treasury And Sponsored Entities Callable Notes [Member] Maximum [Member]	Jun. 30, 2013 U.S. Government Sponsored Entities Asset-Backed Securities [Member]	Jun. 30, 2013 U.S. Government Sponsored Entities Asset-Backed Securities [Member] Maximum [Member]
Schedule of Investments [Line Items]
Available for Sale expected to be called			$ 166,800,000
Other than Temporary Impairment Losses, Investments	0	54,000
Asset backed securities mortgage portfolio, term	15 years
Available-for-sale securities			594,700,000
Residential mortgage-backed securities and collateralized mortgage obligations, term				10 years	14 years		15 years
Proceeds from Sale of Available-for-sale Securities, Debt						$ 0

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Investment Securities

6 Months Ended

Jun. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Investment Securities

Investment Securities

The amortized cost and fair values of investment securities are shown in the following table. Management performs a quarterly evaluation of investment securities for any other-than-temporary impairment. For the three and six months ended June 30, 2013, there were no investment securities deemed to be other-than-temporarily impaired. For the three and six months ended June 30, 2012, Park recognized an other-than-temporary impairment charge of $54,000, related to an equity investment in a financial institution.

Investment securities at June 30, 2013, were as follows:

Securities Available-for-Sale (In thousands)	Amortized Cost		Gross Unrealized Holding  Gains		Gross Unrealized Holding  Losses		Estimated  Fair Value
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	620,640	$	—	$	25,908	$	594,732
Obligations of states and political subdivisions	804		5		—		809
U.S. Government sponsored entities' asset-backed securities	445,254		8,134		4,106		449,282
Other equity securities	1,137		1,415		—		2,552
Total	$	1,067,835	$	9,554	$	30,014	$	1,047,375

Securities Held-to-Maturity (In thousands)	Amortized Cost		Gross Unrecognized Holding  Gains		Gross Unrecognized Holding  Losses		Estimated Fair Value
Obligations of states and political subdivisions	$	415	$	1	$	—	$	416
U.S. Government sponsored entities' asset-backed securities	231,372		6,762		31		238,103
Total	$	231,787	$	6,763	$	31	$	238,519

 Securities with unrealized losses at June 30, 2013, were as follows:

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Securities Available-for-Sale
Obligations of U.S. Treasury and other U.S. Government agencies	$	594,732	$	25,908	$	—	$	—	$	594,732	$	25,908
U.S. Government agencies' asset-backed securities	$	221,146	$	4,106	$	—	$	—	$	221,146	$	4,106
Total	$	815,878	$	30,014	$	—	$	—	$	815,878	$	30,014
Securities Held-to-Maturity
U.S. Government sponsored entities' asset-backed securities	$	4,080	$	31	$	—	$	—	$	4,080	$	31

Investment securities at December 31, 2012, were as follows:

Securities Available-for-Sale (In thousands)	Amortized  cost		Gross unrealized holding gains		Gross unrealized holding losses		Estimated fair value
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	695,655	$	1,352	$	1,280	$	695,727
Obligations of states and political subdivisions	984		19		—		1,003
U.S. Government sponsored entities' asset-backed securities	401,882		14,067		447		415,502
Other equity securities	1,137		1,085		—		2,222
Total	$	1,099,658	$	16,523	$	1,727	$	1,114,454

Securities Held-to-Maturity (In thousands)	Amortized  cost		Gross unrecognized holding gains		Gross unrecognized holding losses		Estimated fair value
Obligations of states and political subdivisions	$	570	$	2	$	—	$	572
U.S. Government sponsored entities' asset-backed securities	400,820		9,351		38		410,133
Total	$	401,390	$	9,353	$	38	$	410,705

Securities with unrealized losses at December 31, 2012, were as follows:

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Securities Available-for-Sale
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	177,470	$	1,280	$	—	$	—	$	177,470	$	1,280
U.S. Government sponsored entities' asset-backed securities	123,631		447		—		—		123,631		447
Total	$	301,101	$	1,727	$	—	$	—	$	301,101	$	1,727
Securities Held-to-Maturity
U.S. Government sponsored entities' asset-backed securities	$	10,120	$	38	$	—	$	—	$	10,120	$	38

Management does not believe any of the unrealized losses at June 30, 2013 or December 31, 2012 represent an other-than-temporary impairment. Should the impairment of any of these securities become other-than-temporary, the cost basis of the investment will be reduced and the resulting loss recognized within net income in the period the other-than-temporary impairment is identified.

Park’s U.S. Government sponsored entities asset-backed securities consist primarily of 15-year residential mortgage-backed securities and collateralized mortgage obligations.

The amortized cost and estimated fair value of investments in debt securities at June 30, 2013, are shown in the following table by contractual maturity or the expected call date, except for asset-backed securities, which are shown as a single total, due to the unpredictability of the timing of principal repayments.

Securities Available-for-Sale (In thousands)	Amortized cost		Fair value
U.S. Treasury and sponsored entities' obligations:
Due one through five years	$	223,750	216,659
Due five through ten years	396,890		378,073
Total	$	620,640	$	594,732
Obligations of states and political subdivisions:
Due within one year	$	804	$	809
U.S. Government sponsored entities' asset-backed securities:	$	445,254	$	449,282

Securities Held-to-Maturity (In thousands)	Amortized cost		Fair value
Obligations of state and political subdivisions:
Due within one year	$	415	$	416
U.S. Government sponsored entities' asset-backed securities	$	231,372	$	238,103

The $594.7 million of Park’s securities shown in the above table as U.S. Treasury and sponsored entities notes are callable notes. Of the $594.7 million reported at June 30, 2013, $166.8 million were expected to be called and are shown in the table at their expected call date. These callable securities have a final maturity in 10 to 14 years.

There were no sales of investment securities during the three-month and six-month periods ended June 30, 2013 or 2012.

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Allowance For Loan Losses

6 Months Ended

Jun. 30, 2013

Loans and Leases Receivable, Allowance [Abstract]

Allowance For Loan Losses

Allowance for Loan Losses

The allowance for loan losses is that amount management believes is adequate to absorb probable incurred credit losses in the loan portfolio based on management’s evaluation of various factors including overall growth in the loan portfolio, an analysis of individual loans, prior and current loss experience, and current economic conditions. A provision for loan losses is charged to operations based on management’s periodic evaluation of these and other pertinent factors as discussed within Note 1 of the Notes to Consolidated Financial Statements included in Park’s 2012 Annual Report.

The activity in the allowance for loan losses for the three and six months ended June 30, 2013 and June 30, 2012 is summarized below.

	Three Months Ended June 30, 2013
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate			Residential real estate			Consumer		Leases			Total
Allowance for loan losses:
Beginning balance	$	15,417	$	11,070	$	7,556		$	14,634		$	6,638	$	—		$	55,315
Charge-offs	776		742		153			648			1,520		—			3,839
Recoveries	728		222		421			1,142			448		1			2,962
Net charge-offs/(recoveries)	48		520		(268		)	(494		)	1,072		(1		)	877
Provision (releases)	22		475		(692		)	(481		)	1,350		(1		)	673
Ending balance	$	15,391	$	11,025	$	7,132		$	14,647		$	6,916	$	—		$	55,111

	Three Months Ended June 30, 2012
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate			Residential real estate		Consumer		Leases		Total
Allowance for loan losses:
Beginning balance	$	18,328	$	12,006	$	9,747		$	13,868	$	5,809	$	—	$	59,758
Charge-offs	5,423		935		1,009			1,701		996		—		10,064
Recoveries	124		247		1,699			1,187		507		—		3,764
Net charge-offs / (recoveries)	5,299		688		(690		)	514		489		—		6,300
Provision	2,191		638		1,256			452		701		—		5,238
Ending balance	$	15,220	$	11,956	$	11,693		$	13,806	$	6,021	$	—	$	58,696

	Six Months Ended June 30, 2013
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate			Residential real estate			Consumer		Leases			Total
Allowance for loan losses:
Beginning balance	$	15,635	$	11,736	$	6,841		$	14,759		$	6,566	$	—		$	55,537
Charge-offs	3,484		1,076		1,671			1,322			2,794		—			10,347
Recoveries	917		262		1,848			4,640			1,251		1			8,919
Net charge-offs/(recoveries)	2,567		814		(177		)	(3,318		)	1,543		(1		)	1,428
Provision (releases)	2,323		103		114			(3,430		)	1,893		(1		)	1,002
Ending balance	$	15,391	$	11,025	$	7,132		$	14,647		$	6,916	$	—		$	55,111

	Six Months Ended June 30, 2012
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
Allowance for loan losses:
Beginning balance	$	16,950	$	15,539	$	14,433	$	15,692	$	5,830	$	—	$	68,444
Charge-offs	9,961		5,869		5,329		5,623		2,249		—		29,031
Recoveries	592		339		1,766		1,796		1,214		—		5,707
Net charge-offs	9,369		5,530		3,563		3,827		1,035		—		23,324
Provision	7,639		1,947		823		1,941		1,226		—		13,576
Ending balance	$	15,220	$	11,956	$	11,693	$	13,806	$	6,021	$	—	$	58,696

Loans collectively evaluated for impairment in the following tables include all performing loans at June 30, 2013 and December 31, 2012, as well as nonperforming loans internally classified as consumer loans. Nonperforming consumer loans are not typically individually evaluated for impairment, but receive a portion of the statistical allocation of the allowance for loan losses. Loans individually evaluated for impairment include all impaired loans internally classified as commercial loans at June 30, 2013 and December 31, 2012, which are evaluated for impairment in accordance with U.S. GAAP (see Note 1 of the Notes to Consolidated Financial Statements included in Park’s 2012 Annual Report).

The composition of the allowance for loan losses at June 30, 2013 and December 31, 2012 was as follows:

	June 30, 2013
(In thousands)	Commercial, financial and agricultural			Commercial real estate			Construction real estate			Residential real estate			Consumer			Leases		Total
Allowance for loan losses:
Ending allowance balance attributed to loans:
Individually evaluated for impairment	$	3,210		$	703		$	2,580		$	973		$	—		$	—	$	7,466
Collectively evaluated for impairment	12,181			10,322			4,552			13,674			6,916			—		47,645
Total ending allowance balance	$	15,391		$	11,025		$	7,132		$	14,647		$	6,916		$	—	$	55,111
Loan balance:
Loans individually evaluated for impairment	$	20,154		$	42,117		$	27,598		$	35,412		$	799		$	—	$	126,080
Loans collectively evaluated for impairment	786,555			1,071,134			128,270			1,705,350			690,093			3,234		4,384,636
Total ending loan balance	$	806,709		$	1,113,251		$	155,868		$	1,740,762		$	690,892		$	3,234	$	4,510,716
Allowance for loan losses as a percentage of loan balance:
Loans individually evaluated for impairment	15.93		%	1.67		%	9.35		%	2.75		%	—			—		5.92		%
Loans collectively evaluated for impairment	1.55		%	0.96		%	3.55		%	0.80		%	1.00		%	—		1.09		%
Total ending loan balance	1.91		%	0.99		%	4.58		%	0.84		%	1.00		%	—		1.22		%
Recorded investment:
Loans individually evaluated for impairment	$	20,154		$	42,128		$	27,609		$	35,412		$	799		$	—	$	126,102
Loans collectively evaluated for impairment	789,739			1,074,812			128,664			1,709,371			692,887			3,262		4,398,735
Total ending loan balance	$	809,893		$	1,116,940		$	156,273		$	1,744,783		$	693,686		$	3,262	$	4,524,837

	December 31, 2012
(In thousands)	Commercial, financial and agricultural			Commercial real estate			Construction real estate			Residential real estate			Consumer			Leases		Total
Allowance for loan losses:
Ending allowance balance attributed to loans:
Individually evaluated for impairment	$	3,180		$	1,540		$	2,277		$	1,279		$	—		$	—	$	8,276
Collectively evaluated for impairment	12,455			10,196			4,564			13,480			6,566			—		47,261
Total ending allowance balance	$	15,635		$	11,736		$	6,841		$	14,759		$	6,566		$	—	$	55,537
Loan balance:
Loans individually evaluated for impairment	$	22,523		$	44,267		$	34,814		$	35,616		$	18		$	—	$	137,238
Loans collectively evaluated for impairment	801,404			1,047,897			130,714			1,678,029			651,912			3,128		4,313,084
Total ending loan balance	$	823,927		$	1,092,164		$	165,528		$	1,713,645		$	651,930		$	3,128	$	4,450,322
Allowance for loan losses as a percentage of loan balance:
Loans individually evaluated for impairment	14.12		%	3.48		%	6.54		%	3.59		%	—			—		6.03		%
Loans collectively evaluated for impairment	1.55		%	0.97		%	3.49		%	0.80		%	1.01		%	—		1.10		%
Total ending loan balance	1.90		%	1.07		%	4.13		%	0.86		%	1.01		%	—		1.25		%
Recorded investment:
Loans individually evaluated for impairment	$	22,587		$	44,278		$	34,834		$	35,622		$	18		$	—	$	137,339
Loans collectively evaluated for impairment	804,316			1,051,725			131,176			1,681,449			654,747			3,157		4,326,570
Total ending loan balance	$	826,903		$	1,096,003		$	166,010		$	1,717,071		$	654,765		$	3,157	$	4,463,909

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Fair Value (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2011
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired Financing Receivable, Carrying Value	$ 126,100,000		$ 126,100,000		$ 137,200,000
Discount percentage applied to real estate appraised values			15.00%
Discount percentage applied to lot development appraised values			6.00%
Partial Charge-Offs On Impaired Loans			96,800,000		105,100,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	7,466,000		7,466,000		8,276,000
Impaired Financing Receivable, Related Allowance	7,466,000		7,466,000		8,276,000
Impaired loans carried at fair value	46,749,000		46,749,000		53,900,000
Partial Charge-Offs On Impaired Loans carried at Fair Value			83,400,000		91,600,000
Book value of impaired loans carried at fair value	51,000,000		51,000,000		59,000,000
Remaining amount of impaired loans carried at cost			75,100,000		78,200,000
Impaired Financing Receivable, carried at fair value, related expense	(200,000)	4,400,000	2,100,000	8,700,000
MSR recorded at lower of cost or fair value	8,260,000	8,809,000	8,260,000	8,809,000	7,763,000	8,121,000	8,975,000	9,301,000
Mortgage Servicing Rights Fair Value	5,800,000		5,800,000
Valuation allowance of MSR	2,084,000	1,067,000	2,084,000	1,067,000	2,324,000	2,262,000	1,021,000	1,021,000
MSRs recorded at cost	2,500,000		2,500,000
Changes due to fair value adjustments	(178,000)	46,000	(240,000)	46,000
Other Real Estate, Foreclosed Assets, and Repossessed Assets, Fair Value	17,200,000		17,200,000		19,900,000
OREO valuation adjustments	600,000	2,648,000	199,000	4,007,000
Commercial Receivables, excluding Commercial, Financial, and Agricultural [Domain]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired Financing Receivable, Related Allowance	4,255,000		4,255,000		5,100,000
Financing Receivable, not collateral dependent [Domain]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired Financing Receivable, Related Allowance	$ 3,211,000		$ 3,211,000		$ 3,176,000

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Derivative Instruments

6 Months Ended

Jun. 30, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments

Derivative Instruments

FASB ASC 815, Derivatives and Hedging, establishes accounting and reporting standards for derivative instruments, including certain derivative instruments embedded in other contracts, and for hedging activities. As required by U.S. GAAP, the Company records all derivatives on the consolidated condensed balance sheets at fair value. The accounting for changes in the fair value of a derivative depends on the intended use of the derivative and the resulting designation. Derivatives used to hedge the exposure to changes in the fair value of an asset, liability or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives used to hedge the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges.

For derivatives designated as cash flow hedges, the effective portion of changes in the fair value of the derivative is initially reported in other comprehensive income (outside of earnings) and subsequently reclassified into earnings when the hedged transaction affects earnings, with any ineffective portion of changes in the fair value of the derivative recognized directly in earnings. The Company assesses the effectiveness of each hedging relationship by comparing the changes in cash flows of the derivative hedging instrument with the changes in cash flows of the designated hedged item or transaction.

As of June 30, 2013, no derivatives were designated as cash flow hedges, fair value hedges or hedges of net investments in foreign operations. Additionally, the Company does not use derivatives for trading or speculative purposes.

As of June 30, 2013, Park had mortgage loan interest rate lock commitments outstanding of approximately $12.3 million. Park has specific contracts to sell each of these loans to a third-party investor. These loan commitments represent derivative instruments, which are required to be carried at fair value. The derivative instruments used are not designated as hedges under U.S. GAAP. At June 30, 2013, the fair value of the derivative instruments was approximately $133,000. The fair value of the derivative instruments is included within loans held for sale and the corresponding income is included within non-yield loan fee income. Gains and losses resulting from expected sales of mortgage loans are recognized when the respective loan contract is entered into between the borrower, Park, and the third-party investor. The fair value of Park’s mortgage interest rate lock commitments (IRLCs) is based on current secondary market pricing.

In connection with the sale of Park’s Class B Visa shares during 2009, Park entered into a swap agreement with the purchaser of the shares. The swap agreement adjusts for dilution in the conversion ratio of Class B Visa shares resulting from certain Visa litigation. At June 30, 2013, the fair value of the swap liability of $135,000 was an estimate of the exposure based upon probability-weighted potential Visa litigation losses and consideration of the Visa settlement agreement announced on July 13, 2012 to resolve the Federal Multi-District Interchange Litigation.

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Other Investment Securities

6 Months Ended

Jun. 30, 2013

Other Investment Securities [Abstract]

Other Investment Securities

Other Investment Securities

Other investment securities consist of stock investments in the Federal Home Loan Bank and the Federal Reserve Bank. These restricted stock investments are carried at their redemption value.

	June 30, 2013		December 31, 2012
(In thousands)
Federal Home Loan Bank stock	$	59,032	$	59,032
Federal Reserve Bank stock	6,875		6,875
Total	$	65,907	$	65,907

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Document And Entity Information	6 Months Ended
	Jun. 30, 2013	Aug. 01, 2013
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2
Entity Registrant Name	PARK NATIONAL CORP /OH/
Entity Central Index Key	0000805676
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		15,411,975

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Pension Plan

6 Months Ended

Jun. 30, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Pension Plan

Pension Plan

Park has a noncontributory defined benefit pension plan covering substantially all of its employees. The plan provides benefits based on an employee’s years of service and compensation.

Park’s funding policy is to contribute annually an amount that can be deducted for federal income tax purposes using a different actuarial cost method and different assumptions from those used for financial reporting purposes. Pension plan contributions were $12.6 million and $15.9 million for the six-month periods ended June 30, 2013 and 2012, respectively.

The following table shows the components of net periodic benefit expense:

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2013			2012			2013			2012
Service cost	$	1,204		$	1,068		$	2,408		$	2,136
Interest cost	1,056			1,012			2,112			2,024
Expected return on plan assets	(2,384		)	(2,186		)	(4,768		)	(4,372		)
Amortization of prior service cost	5			5			10			10
Recognized net actuarial loss	676			427			1,352			854
Benefit expense	$	557		$	326		$	1,114		$	652

As a result of the February 16, 2012 acquisition of certain Vision assets and liabilities by Centennial Bank, during the first quarter of 2012, it was necessary to re-measure pension plan assets and liabilities resulting in a reduction to the unrecognized net loss account within Accumulated Other Comprehensive (Loss), of $412,000 (net of tax of $222,000).

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Investment Securities (Schedule Of Unrealized Loss On Securities) (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended	12 Months Ended
	Jun. 30, 2013	Dec. 31, 2012
Schedule of Investments [Line Items]
Securities Available-for-Sale, Less than 12 months, Fair value	$ 815,878	$ 301,101
Securities Available-for-Sale, Less than 12 months, Unrealized losses	30,014	1,727
Securities Available-for-Sale, 12 months or longer, Fair value
Securities Available-for-Sale, 12 months or longer, Unrealized losses
Securities Available-for-Sale, Fair value, Total	815,878	301,101
Securities Available-for-Sale, Unrealized losses, Total	30,014	1,727
Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member]
Schedule of Investments [Line Items]
Securities Available-for-Sale, Less than 12 months, Fair value	594,732	177,470
Securities Available-for-Sale, Less than 12 months, Unrealized losses	25,908	1,280
Securities Available-for-Sale, 12 months or longer, Fair value
Securities Available-for-Sale, 12 months or longer, Unrealized losses
Securities Available-for-Sale, Fair value, Total	594,732	177,470
Securities Available-for-Sale, Unrealized losses, Total	25,908	1,280
U.S. Government Sponsored Entities Asset-Backed Securities [Member]
Schedule of Investments [Line Items]
Securities Available-for-Sale, Less than 12 months, Fair value	221,146	123,631
Securities Available-for-Sale, Less than 12 months, Unrealized losses	4,106	447
Securities Available-for-Sale, 12 months or longer, Fair value
Securities Available-for-Sale, 12 months or longer, Unrealized losses
Securities Available-for-Sale, Fair value, Total	221,146	123,631
Securities Available-for-Sale, Unrealized losses, Total	4,106	447
Securities Held-to-Maturity, Less than 12 months, Fair value	4,080	10,120
Securities Held-to-Maturity, Less than 12 months, Unrealized losses	31	38
Securities Held-to-Maturity, 12 months or longer, Fair value
Securities Held-to-Maturity, 12 months or longer, Unrealized losses
Securities Held-to-Maturity, Fair value, Total	4,080	10,120
Securities Held-to-Maturity, Unrealized losses, Total	$ 31	$ 38

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Investment Securities (Schedule Of Investment Securities) (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended	12 Months Ended
	Jun. 30, 2013	Dec. 31, 2012
Schedule of Investments [Line Items]
Securities Available-for-Sale, Amortized Cost	$ 1,067,835	$ 1,099,658
Securities Available-for-Sale, Gross Unrealized Holdings Gains	9,554	16,523
Securities Available-for-Sale, Gross Unrealized Holding Losses	30,014	1,727
Securities Available-for-Sale, Total Fair value	1,047,375	1,114,454
Securities Held-to-Maturity, Amortized Cost	231,787	401,390
Securities Held-to-Maturity, Gross Unrecognized Holding Gains	6,763	9,353
Securities Held-to-Maturity, Gross Unrecognized Holding Losses	31	38
Securities Held-to-Maturity, Estimated Fair Value	238,519	410,705
Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member]
Schedule of Investments [Line Items]
Securities Available-for-Sale, Amortized Cost	620,640	695,655
Securities Available-for-Sale, Gross Unrealized Holdings Gains		1,352
Securities Available-for-Sale, Gross Unrealized Holding Losses	25,908	1,280
Securities Available-for-Sale, Total Fair value	594,732	695,727
Obligations Of States And Political Subdivisions [Member]
Schedule of Investments [Line Items]
Securities Available-for-Sale, Amortized Cost	804	984
Securities Available-for-Sale, Gross Unrealized Holdings Gains	5	19
Securities Available-for-Sale, Gross Unrealized Holding Losses
Securities Available-for-Sale, Total Fair value	809	1,003
Securities Held-to-Maturity, Amortized Cost	415	570
Securities Held-to-Maturity, Gross Unrecognized Holding Gains	1	2
Securities Held-to-Maturity, Gross Unrecognized Holding Losses
Securities Held-to-Maturity, Estimated Fair Value	416	572
U.S. Government Sponsored Entities Asset-Backed Securities [Member]
Schedule of Investments [Line Items]
Securities Available-for-Sale, Amortized Cost	445,254	401,882
Securities Available-for-Sale, Gross Unrealized Holdings Gains	8,134	14,067
Securities Available-for-Sale, Gross Unrealized Holding Losses	4,106	447
Securities Available-for-Sale, Total Fair value	449,282	415,502
Securities Held-to-Maturity, Amortized Cost	231,372	400,820
Securities Held-to-Maturity, Gross Unrecognized Holding Gains	6,762	9,351
Securities Held-to-Maturity, Gross Unrecognized Holding Losses	31	38
Securities Held-to-Maturity, Estimated Fair Value	238,103	410,133
Other Equity Securities [Member]
Schedule of Investments [Line Items]
Securities Available-for-Sale, Amortized Cost	1,137	1,137
Securities Available-for-Sale, Gross Unrealized Holdings Gains	1,415	1,085
Securities Available-for-Sale, Gross Unrealized Holding Losses
Securities Available-for-Sale, Total Fair value	$ 2,552	$ 2,222